Omega Learning Center

At a Glance

Products & Services: Tutoring/private school

Number of Locations: 13

Total Investment: $151.2K - $193.9K

Founded: 2005

Began Franchising: 2007

Franchise Units

Year U.S. Canadian International Company Owned
2015 13 0 0 0
2013 12 0 0 1
2012 8 0 0 2
2011 3 0 0 3
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.

Startup Costs, Ongoing Fees and Financing

Total Investment: $151,165 - $193,898
Franchise Fee: $49,900
Ongoing Royalty Fee: 10%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $300,000
Liquid Cash Available: $100,000
Operations
8% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 10 - 20. 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: 1 week.
Ongoing Support: Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation
Marketing Support: Ad slicks, Regional advertising,