- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$57K - $110K
- Units as of 2017
-
62 26% over 3 years
Company Overview
About Tutoring Club LLC
| Industry | Children's Businesses |
|---|---|
| Related Categories | Tutoring, Miscellaneous Children's Businesses |
| Founded | 1991 |
| Parent Company | Tutoring Club LLC |
| Leadership | David Hill, CEO |
| Corporate Address |
11241 S. Eastern Ave. Henderson, NV 89052 |
| Social |
Business Overview
| Franchising Since | 1999 (25 years) |
|---|---|
| # of employees at HQ | 150 |
| # of Units | 62 (as of 2017) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Tutoring Club 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
|
$24,500 |
|---|---|
|
Initial Investment
|
$56,500 - $109,900 |
|
Net Worth Requirement
|
$100,000 |
|
Cash Requirement
|
$50,000 |
|
Veteran Incentives
|
15% off franchise fee |
|
Royalty Fee
|
10% |
|
Ad Royalty Fee
|
1% |
|
Term of Agreement
|
5 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 | Tutoring Club LLC has relationships with third-party sources which offer financing to cover the following: franchise fee, equipment |
|---|
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 | 40 hours |
|---|---|
| Classroom Training | 80 hours |
| 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
Loyalty Program/App
|
Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | Yes |
|---|---|
|
Can this franchise be run from home/mobile unit?
|
No |
|
Can this franchise be run part time?
|
No |
| # of employees required to run | 8-10 |
|
Are exclusive territories available?
|
Yes |
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