Huntington Learning Centers

Huntington Learning Centers

Tutoring and test prep
Total Units
302 22 added in 3 years
7.9%
2021 Franchise 500 Rank
#60 Ranked #39 last year
21
Initial investment
$133K - $277K

Company Overview

Huntington Learning Centers was started by Dr. Raymond J. Huntington and his wife, Eileen, in 1977. The company began franchising in 1985.

Huntington Learning Centers offer instruction in reading, mathematics and study skills, as well as phonics, spelling, vocabulary, writing, algebra, geometry and SAT/ACT exam preparation.

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About Huntington Learning Centers

Founded
1977
Parent Company
Huntington Learning Centers Inc.
Leadership
Eileen Huntington, Cofounder & CEO

Franchising Overview

Franchising Since
1985 (36 years)
# of employees at HQ
78
Where seeking
Franchisor is seeking new franchise units throughout the U.S.
# of Units
302

Franchisor Information

Corporate Address
496 Kinderkamack Rd.
Oradell, NJ 07649

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Huntington Learning Centers 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
$28,000 - $28,000
Initial Investment
$133,458 - $276,669
Net Worth Requirement
$200,000
Cash Requirement
$65,000
Royalty Fee
9.5%
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.

In-House Financing
Huntington Learning Centers offers in-house financing to cover the following: startup costs, equipment, inventory, accounts receivable, payroll
Third Party Financing
Huntington Learning Centers 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
10 hours
Classroom Training
123 hours
Additional Training
At franchisee's location and online
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

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
1
Are exclusive territories available?
Yes

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Franchise 500 Ranking History

Compare where Huntington Learning Centers landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where Huntington Learning Centers ranked on other franchise lists? Find out below.

Ranked #60

In Franchise 500 Ranking

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The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: October 23rd, 2020
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