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Huntington Learning Centers

2015 Franchise 500
#301
At a Glance

Products & Services: Tutoring and test prep

Number of Locations: 244

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
2015 208 0 0 36
2014 218 0 0 36
2013 225 0 0 34
2012 231 0 0 30
2011 243 0 0 30
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.

Startup Costs, Ongoing Fees and Financing

Total Investment: $98,315 - $198,180
Franchise Fee: $22,000
Ongoing Royalty Fee: 9.5%
Term of Franchise Agreement: 10 years, renewable
Veteran Incentives: 50% off first-unit franchise fee
Financial Requirements
Net Worth: $150,000
Liquid Cash Available: $60,000
Operations
25% 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).
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 franchisee's location and online : ongoing.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations
Marketing Support: Co-op advertising, National media, Regional advertising,

Franchise Ranking History

Franchise 500®: #301 (2015), #311 (2014), #272 (2013), #500 (2012), #256 (2011),