What is the story of the Huntington Learning Center franchise?
Huntington Learning Center is the best performing franchise in the teaching industry. Founded in 1977 by Ray and Elaine Huntington, the Huntington Education Center offers one-to-one and online educational programs for K-12 students nationwide. With nearly 300 locations across the United States, Huntington’s business model is based on two main pillars: helping students achieve world-class results and maximizing franchisee profitability. Our dedication to these two areas is what has led Huntington Education Center to its position as the best act of excellence in the teaching industry.
At Huntington Education Center, our primary goal is to provide each student with the best education possible – and we are proud to say that we have helped over a million students gain the confidence and skills they need to perform well in school. In fact, on average, our teaching students increase more than two levels in reading and math with only 50 hours of tutoring, and our test-prep students see an average increase of 5.4 points in the ACT and 229 points in the SAT. Each of our students receives, on average, $71,000 worth of scholarship offers each year—that’s more than $187 million in group scholarships. The Huntington Education Center offers a business model based on helping students achieve world-class results through one-to-one tutoring. By being awarded the Huntington Learning Center franchise, you are joining a brand passionate about student success and franchise profitability with a proven track record that always makes a difference.
The popularity of the Huntington Learning Center franchise opportunity is evidenced by the brand’s overall ranking of 122second abbreviation in this year Entrepreneur magazine 500 franchise list. This ranking is 10The tenth The consecutive year that Huntington Education Center made it to this prestigious annual list. In addition to calling it entrepreneur The Huntington Education Center has earned a 500 Franchise, countless accolades over the years for our dedication to franchisees as well as the families we serve, including being named the “Top Low-Cost Franchise” by Franchise reviewa Franchise times“More than 200 institutions,” a Excellence Magazine “Best Brand” and one of Excellence Dictionary “2020 Game Changers.”
How much does a Huntington Education Center franchise cost?
To open your own Huntington Learning Center franchise, here are the financial requirements, cash required, and ongoing franchise fees associated with business ownership:
Initial Franchise Fee: $36000
Initial investment: $148,017 – $263,072
Net worth requirement: $200,000
Cash Requirement: $65,000
Veteran Incentives: 25% off first unit franchise fee
Royalty Fee: 9.5%
Ad Equity Fee: 2%
Contract term: 10 years
Huntington Learning Center offers in-house funding to cover the following: franchise fees, start-up costs, equipment, inventory, accounts receivable, and payroll. Investing in a Huntington Learning Franchise is a decision to own a business that has the potential to make the world a better place through education. Huntington Education Center has helped hundreds of franchisees realize their dreams of owning a meaningful business, and in the process, franchisees have helped thousands upon thousands of students. The franchise fee for your first Huntington Learning Center location gives you access to one of the most powerful platforms for training and ongoing support in the franchise industry. Our long record of success as a franchisor is attributed to our continuous investment in our supporting infrastructure. We leave nothing to chance and support every franchisee in every aspect of our business model.
What do Huntington Learning Center franchisees do?
The Huntington Education Center embraces two values that drive everything we do: the success of a student’s education and the profitability of the franchisor. Huntington Education Center beats the competition because our franchisees know that helping students achieve results leads to success. In fact, Huntington Learning Center is the number one franchise in the field of income-generating teaching. Our average franchise center revenue for 2019 is 36% higher than the competition*We’ve seen double-digit growth for eight consecutive years – and there’s no sign of it slowing any time soon. Our values guide everything we do, and we make sure we bring in franchisees who share our values. This is the only way we can ensure our brand remains at the forefront of our industry moving forward.
Why invest in a Huntington Education Center franchise?
In the wake of the pandemic, millions of students are falling behind and The demand for private tutoring is on the rise. The COVID-19 pandemic has caused a crisis in education that our society has never experienced before. School closures and the transition to virtual learning have affected millions of students in a negative way. Students of all ages are behind – and parents are understandably anxious. According to the Education Trust, nine out of 10 parents say they are concerned about their children being left behind by school closures due to the coronavirus, and eight in 10 say their children are experiencing high levels of stress.
News outlets in California, Texas, Florida and other states report that students are falling through the cracks, scores are dropping, participation levels have never been lower, and teachers are stressed and struggling with the new normal. USA Today Spread Article – Commodity Titled “Students are being left behind in school online. Where’s the COVID-19 ‘disaster plan’ to catch up?” Which details the severity of the situation across the country. “Parents are afraid their children are being left behind, and they don’t know what the solution is,” the outlet reported. “They are looking for leadership. They are looking for help.” To thousands of students every day, Huntington Education Center he is “Plan disaster to catch up with them,” and we couldn’t be more prepared to face this crisis head-on.
Huntington Education Center is committed to empowering students to unleash their full potential and achieve their academic goals. Whether it’s private K-12 tutoring, study skills honing, college entrance exam preparation or government standardized tests, we are able to design customized plans that accelerate students’ abilities and improve their grades by focusing on individual student needs. In fact, the first thing we do is give each student an academic assessment that identifies their academic strengths and weaknesses, and from there, we determine the best course of action. This alone makes us unique in an industry that tends to offer a one-size-fits-all approach. At Huntington Education Center, we treat each student as an individual. While many of the teaching excellence brands cut corners, Huntington Education Center is committed to high standards of quality teaching with accreditations and teacher certification. This means that when parents send their children to us, they can trust that their children are in good hands.
Parents send their children to us because they want to see improvement in their grades, test preparation, and scores, such as the SAT or ACT, and they want to help them develop self-confidence. In this day and age, parents rate us too! We are proud to say that 98% of parents at Huntington Learning Center will refer us to friends and family. In class 98% are A+! This high rating is a testament to the value we provide to our students. Since 1977, the individuals who own the Huntington Learning Center franchise have assisted more than one million students. Many of them were accepted into their dream schools and fulfilled their potential. We are very proud that we are helping our students receive millions of dollars in college scholarships.
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*Data based on Company Franchise Disclosure Documents (FDD) for all franchises opened in 2019, except for Kumon, which are for positions open for at least three years; and Sylvan, which are for positions open for at least 24 months. Kumon reported in the 2021 FDD that its average center of excellence open at least 36 months had 150 students. We estimate the monthly student fee per course from our web search for the phrase “how much does a common parent pay”. We used the average high estimate, $145 per month for each individual topic. We estimated the $50 registration fee and $30 material fee from this web search; We estimate that half of the center’s registrants pay these fees.
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