Omega Learning Center

Omega Learning Center

Tutoring/private schools
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2023 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$116K - $232K
Units as of 2018
9 25% over 3 years

Company Overview

About Omega Learning Center

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
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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
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
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Ad Templates
National Media
Social Media
SEO
Website Development
Email 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
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Franchise 500 Ranking History

Compare where Omega Learning 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