Salisbury Tutoring Academy Franchise Group LLC

Tutoring and behavior modification
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2023 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$35K - $266K
Units as of 2016
2 0.0% over 3 years

Company Overview

About Salisbury Tutoring Academy Franchise Group LLC

Related Categories
Tutoring
Founded
1996
Leadership
Beatrice Hair, Founder
Corporate Address
818 Corporate Cir.
Salisbury, NC 28147
Social
Facebook

Business Overview

Franchising Since
2007 (16 years)
# of employees at HQ
25
Where seeking

This company is offering new franchisees worldwide.

This company is offering new franchisees in the following US states:

# of Units
2 (as of 2016)

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Salisbury Tutoring Academy Franchise Group LLC 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
$29,599
Initial Investment
$35,000 - $265,800
Net Worth Requirement
$100,000
Cash Requirement
$5,000
Royalty Fee
10%
Ad Royalty Fee
3%
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
Salisbury Tutoring Academy Franchise Group LLC offers in-house financing to cover the following: franchise fee, accounts receivable
Third Party Financing
Salisbury Tutoring Academy Franchise Group LLC has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory, 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
as needed
Classroom Training
as needed
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Security & Safety Procedures
Lease Negotiation
Field Operations
Marketing Support
Co-op Advertising
Ad Templates
National Media

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
Yes
Can this franchise be run part time?
No
# of employees required to run
10-20
Are exclusive territories available?
Yes
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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