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Huntington Learning Centers

2014 Franchise 500
#311
At a Glance

Products & Services: Tutoring and exam prep

Number of Locations: 259

Total Investment: $98.3K - $198.2K

Founded: 1977

Began Franchising: 1985

About Huntington Learning Centers

Huntington Learning Centers was started by Dr. Raymond J. Huntington and his wife, Eileen, in 1977. The company began franchising in 1985.

Huntington Learning Centers offer instruction in reading, mathematics and study skills, as well as phonics, spelling, vocabulary, writing, algebra, geometry and SAT/ACT exam preparation.

Franchise Units

Year U.S. Canadian International Company Owned
2014 225 0 0 34
2013 234 0 0 32
2012 258 0 0 30
2011 250 0 0 30
2010 318 0 0 33
Where Seeking Franchisees: Franchisor is seeking new franchise units in the following states:
Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Midwest, Nebraska, North Carolina, Northeast, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Pennsylvania, Rhode Island, South, South Carolina, Southeast, Southwest, Tennessee, Texas, Utah, Virginia, Vermont, West, Washington, Wisconsin, West Virginia, Wyoming.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $98,300 - $198,200
Franchise Fee: $22,000
Ongoing Royalty Fee: 9.5%
Term of Franchise Agreement: 10 years, renewable
Veteran Incentives: 20% off franchise fee for honorably discharged & active-duty military personnel
Financial Requirements
Net Worth: $150,000
Liquid Cash Available: $60,000
Operations
35% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 1. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 3 weeks. At various locations for 2-3 days twice a year
Ongoing Support: Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing Support: Co-op advertising, Ad slicks, National media,

Franchise Ranking History

Franchise 500®: #311 (2014), #272 (2013), #500 (2012), #256 (2011), #114 (2010),