Summit Learning Services Inc.
At a Glance
Products & Services: Tutoring/learning services
Number of Locations: 33
Total Investment: $33K - 47K
Founded: 2007
Began Franchising: 2009
Private Owned
Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2012 | 20 | 0 | 0 | 13 |
| 2011 | 20 | 0 | 0 | 13 |
| 2010 | 17 | 0 | 0 | 13 |
| 2009 | 11 | 0 | 0 | 1 |
| 2008 | N/A | N/A | N/A | 1 |
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
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 |
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How This Franchise Supports Franchisees
Training: Available at headquarters: 2 weeks.
Ongoing Support: Toll-free phone line, Internet, Purchasing cooperatives,
Marketing Support: Co-op advertising,
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