Huntington Learning Centers Inc.

Supplemental education
Year began: 1977    Franchising since: 1985
A pioneer in supplemental education, 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.

496 Kinderkamack Rd.
Oradell, NJ 07649

Phone: (800)653-8400/(201)261-8400
Fax: (800)361-9728

Franchisor has 100 employee(s); 8 employee(s) in franchise department.


Franchise Growth
Year

2007
2006
2005
2004
U.S. Franchises
319
253
225
221
Canadian Franchises
0
0
0
0

Foreign Franchises
0
0
0
0
Company
Owned
34
35
33
33

Where Seeking Franchisees
In the U.S.

Costs & Fees
Total investment: $201.6K-367.7K
Franchise fee: $43K
Ongoing royalty fee: 8%
Term of agreement: 10 years, renewable
Renewal fee: to $20K
Type of Financing Available
In-HouseThird Party
Franchise FeeNoNo
Startup CostsNoYes
EquipmentNoYes
InventoryNoYes
Accounts ReceivableNoYes
PayrollNoYes
Third-party financing source(s): the SBA
Qualifications
Net worth requirement: $250K
Cash liquidity requirement: $60K
Business Experience:
  • General business experience

Operations
  • 35% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 3
  • Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Training & Support
TRAINING
  • Available at headquarters: 4 weeks
  • At various locations for 2-3 days twice a year

ONGOING SUPPORT
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Internet
  • Field operations/evaluations
  • Purchasing cooperatives

MARKETING SUPPORT
  • Co-op advertising
  • Ad slicks
  • National media
  • Other marketing support: National television advertising

Rankings in Entrepreneur magazine 2004-2008
Franchise 500® rank:
#108 (2008); #163 (2007); #218 (2006); #142 (2005); #196 (2004);

Fastest-Growing Franchises:
#58 (2008); #93 (2005);

Last Updated: 5/7/2008 12:00:00 AM



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