The Honors Learning Center
Supplemental educational services & academic testingBackground
Founded: 1987 Franchising since: 1991
Sharee and Gary Miller started The Honors Learning Center as an individualized academic program. The centers' goal is to improve comprehension skills for each student by one full grade level after 36 hours of instruction. For every year since 1987, Honors students have averaged a gain of two full grade levels.
Franchisor is a privately-held company with 2 employee(s); 2 employee(s) in franchise department.
Franchise Growth
Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Missouri, Mississippi, Montana, Nebraska, North carolina, New hampshire, New jersey, New mexico, Nevada, Ohio, Oklahoma, Pennsylvania, South carolina, Tennessee, Texas, Utah, Vermont, West virginia, Wyoming
Exclusive territories available.
Territory size: 30,000 students K-12
Sharee and Gary Miller started The Honors Learning Center as an individualized academic program. The centers' goal is to improve comprehension skills for each student by one full grade level after 36 hours of instruction. For every year since 1987, Honors students have averaged a gain of two full grade levels.
Honors franchisees must have current state teaching certification.
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P.O. Box 24055 Chattanooga, Tennessee 37422-4055 |
Phone: (423)413-6258 |
Franchisor is a privately-held company with 2 employee(s); 2 employee(s) in franchise department.
Franchise Growth
| Year | U.S. Franchises | Canadian Franchises | Foreign Franchises | Company Owned |
| 2009 | 1 | 0 | 0 | 0 |
| 2008 | -- | -- | -- | -- |
| 2007 | 1 | 0 | 0 | 0 |
| 2006 | 1 | 0 | 0 | 0 |
| 2005 | 1 | 0 | 0 | 0 |
Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Missouri, Mississippi, Montana, Nebraska, North carolina, New hampshire, New jersey, New mexico, Nevada, Ohio, Oklahoma, Pennsylvania, South carolina, Tennessee, Texas, Utah, Vermont, West virginia, Wyoming
Exclusive territories available.
Territory size: 30,000 students K-12
Costs and Fees
|
Total investment: $64.5K-68.7K Franchise fee: $25K |
Ongoing royalty fee: $2.5K/mo. Term of agreement: 10 years, renewable |
Type of Financing Available
| In-House | Third Party | |
| Franchise Fee | No | No |
| Startup Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Accounts Receivable | No | No |
| Payroll | No | No |
Qualifications
Net worth requirement: $100K
Cash liquidity requirement: $65K
Business Experience:
- Marketing skills
- Degree in education
Operations
- Number of employees needed to run franchised unit: 10
- Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)
Training and Support
Training
Ongoing Support
Marketing Support
Other marketing support
- Available at headquarters: 2 weeks
- At franchisee's location: 1 week
Ongoing Support
- Newsletter
- Meetings
- Grand opening
- Internet
- Security/safety procedures
- Field operations/evaluations
Marketing Support
- Ad slicks
Other marketing support
- Radio & TV dubs