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Franchise 500 2023
2023 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$111K - $232K
Units as of 2018
6 arrow up 200.0% over 3 years

Company Overview

About Reading Ranch

Related Categories
Tutoring
Founded
2006
Parent Company
Franchise Reading Ranch LLC
Leadership
Kimberly Southwell, Founder and CEO
Corporate Address
1822 N. Louisiana Dr.
Celina, TX 75009
Social
Facebook, Twitter

Business Overview

Franchising Since
2018 (2023-2018 years)
# of employees at HQ
30
Where seeking

This company is offering new franchisees throughout the US.

# of Units
6 (as of 2018)

Information for Franchisees

Here's what you need to know if you're interested in opening a Reading Ranch 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
$110,500 - $232,300
Net Worth Requirement Information Circle
$500,000
Cash Requirement Information Circle
$250,000 - $300,000
Royalty Fee Information Circle
10%
Ad Royalty Fee Information Circle
2%
Term of Agreement Information Circle
10 years
Is franchise term renewable?
Yes
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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
63 hours
Classroom Training
50 hours
Ongoing Support
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Site Selection
Franchisee Intranet Platform
Marketing Support
Ad Templates
Regional Advertising
Social Media
Website Development

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
# of employees required to run
5-8
Are exclusive territories available? Information Circle
Yes
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Franchise 500 Ranking History

Compare where Reading Ranch 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