
Omega Learning Center
Tutoring/private schools- 2023 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$116K - $232K
- Units as of 2018
-
9 25% over 3 years
Company Overview
About Omega Learning Center
- Industry
- Children's Businesses
- Related Categories
- Tutoring
- Founded
- 2005
- Leadership
- Kimberly Smith, Founder and CEO
- Corporate Address
-
5150 Stilesboro Rd., #410
Kennesaw, GA 30152
Business Overview
- Franchising Since
- 2007 (16 years)
- # of employees at HQ
- 5
- Where seeking
-
This company is offering new franchisees in the following US states:
- # of Units
- 9 (as of 2018)
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Omega Learning 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
- $49,900
- Initial Investment
- $115,863 - $231,506
- Net Worth Requirement
- $500,000
- Cash Requirement
- $100,000
- Veteran Incentives
- 10% off franchise fee
- Royalty Fee
- 10%
- Ad Royalty Fee
- 2%
- Term of Agreement
- 10 years
- Is franchise term renewable?
- Yes
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
- Omega Learning 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
- 60 hours
- Classroom Training
- 100 hours
- Ongoing Support
-
NewsletterMeetings & ConventionsGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
-
Ad TemplatesNational MediaSocial MediaSEOWebsite DevelopmentEmail Marketing
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- No
- Can this franchise be run from home/mobile unit?
- No
- Can this franchise be run part time?
- No
- # of employees required to run
- 3
- Are exclusive territories available?
- Yes
Interested in ownership opportunities like Omega Learning Center? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where Omega Learning Center landed on this year’s Franchise 500 Ranking versus previous years.
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