Summit Learning Services Inc.

At a Glance

Products & Services: Tutoring/learning services

Number of Locations: 33

Total Investment: $32.99K - $46.99K

Founded: 2007

Began Franchising: 2009

About Summit Learning Services Inc.

After previously starting two successful temporary-staffing companies, Ed Cwieka next set his sights on the learning-services industry. He teamed up with Jeanee Thompson, a third-grade teacher and part-time tutor, and together they opened the first Summit Learning Services in 2007 in Plantation, Florida. Summit Learning Services franchises offer both in-home and center-based tutoring services, and all tutors are state-licensed teachers.

Franchise Units

Year U.S. Canadian International Company Owned
2012 20 0 0 13
2011 20 0 0 13
2010 17 0 0 13
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.

Startup Costs, Ongoing Fees and Financing

Total Investment: $32,995 - $46,995
Franchise Fee: $24,995
Ongoing Royalty Fee: 14%
Term of Franchise Agreement: 5 years, renewable
Financial Requirements
Net Worth: $50,000
Liquid Cash Available: $30,000
Operations
Franchise can be run from home. 25% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 2. 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: 2 weeks.
Ongoing Support: Toll-free phone line, Internet, Purchasing cooperatives, Lease Negotiation
Marketing Support: Co-op advertising,

Franchise Ranking History

Franchise 500®: #424 (2013),
Low-Cost: #77 (2013),
Top New: #36 (2013),