Best in Class Education Center

Afterschool supplemental education
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Franchise 500 2023
Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$67K - $128K
Units as of 2019
65 Increase 91.2% over 3 years

Company Overview

About Best in Class Education Center

Industry Children's Businesses
Related Categories Tutoring
Founded 1988
Parent Company Edyu (USA) Holding Ltd.
Leadership Hao Lam, CEO
Corporate Address 2100 E. Spruce St.
Seattle, WA 98122
Social Facebook, Twitter, Instagram

Business Overview

Franchising Since 2011 (13 years)
# of employees at HQ 9
Where seeking

This company is offering new franchises worldwide.

# of Units 65 (as of 2019)

Information for Franchisees

Here's what you need to know if you're interested in opening a Best in Class Education Center franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Information Circle
$35,000
Initial Investment Information Circle
$67,375 - $127,730
Net Worth Requirement Information Circle
$100,000 - $150,000
Cash Requirement Information Circle
$35,000 - $50,000
Royalty Fee Information Circle
12%
Ad Royalty Fee Information Circle
2%
Term of Agreement Information Circle
5 years
Is franchise term renewable? Yes
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Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing Best in Class Education Center has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training 17 hours
Classroom Training 26 hours
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed? No
Can this franchise be run from home/mobile unit? Information Circle
No
Can this franchise be run part time? Information Circle
No
Are exclusive territories available? Information Circle
Yes
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Franchise 500 Ranking History

Compare where Best in Class Education Center landed on this year's Franchise 500 Ranking versus previous years.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022