HUNTINGTON LEARNING CENTER Franchise Cost and Profit Margin – Review
Huntington Learning Center is considered as one of the most respected and adequately established brands in the educational sector. They opened their first location in the year 1977 and since then they have grown to about 300 centers across the country. For business entrepreneurs that have the desire to go into the education business, you might want to consider buying a Huntington Learning Center franchise. So the question to ask now is how much is a Huntington Learning Center franchise
ABOUT THE COMPANY
Huntington Learning Center was established in the year 1977 by Dr. Raymond Huntington alongside Mrs. Eileen, his wife. They started selling franchises in 1985. The company is involved in the teaching of mathematics, reading, study skills, spelling vocabulary, phonics. Geometry, algebra and also prepare students for SAT/ACT exams.
IS HUNTINGTON LEARNING CENTER A FRANCHISE?
Huntington Learning Center is a franchise and they have been selling franchise opportunities since 1985. They have a workable franchise model, which has given them the advantage over other learning centers across the United States.
THE FRANCHISE OFFER
Huntington Learning Center, being the franchisor offers franchisees the opportunities to start up and operate a learning center under its brand, which will be involved in the teaching of mathematics, reading, geometry, algebra, phonics and so on.
HOW MUCH DOES A HUNTINGTON LEARNING CENTER FRANCHISE MAKE?
The earning that can be made by a Huntington Learning Center franchise owner will vary and depend on a lot of factors. One of the factors being the location of the franchise unit, and another being the ability of the franchisee to be able to work with the established business model of the company.
However, the average income that can be realized can only be acquired from the FDD form, which is only made available to all eligible franchisees with the company.
DO I NEED TO BE A TEACHER TO BUY THIS FRANCHISE?
The answer to that question is No. Huntington franchisees have varying backgrounds, including marketing, sales, real estate, finance, military, education as well as engineering. What the company requires of all their franchisees is the entrepreneurial spirit and the desire to make a difference in the lives of their students as well as the determination to excel in their business.
THE HUNTINGTON LEARNING CENTER FRANCHISE WILL HELP YOU ACHIEVE YOUR DREAMS VIA
- Significant income potential
- Low franchise fee
- A trusted and established brand
- A proven business model
- Multiple revenue streams
- Access to a team of experienced corporate personnel that is available to render the needed support in the course of running your business.
HOW TO LOCATE THE NEAREST FRANCHISE UNIT
With about 300 franchise unit located across the country, the company has the commitment to grow its franchise system. There are new locations to exploit from and a whole lot of opportunities are available to every prospective franchisee. You can locate the available franchise opportunity with Huntington Learning Center via https://www.huntingtonfranchise.com/available-markets/
MULTIPLE FRANCHISE UNITS
If you want to maximize your investments with the company, you have the opportunity to own multiple Huntington Learning Center franchises. The company reports that about 30% of their successful franchisees own more than one franchise location.
Every new franchisee with Huntington Learning Center will be expected to attend the compulsory Franchise Initial Training program, which will start off just some few days after the FDD form is signed. The training will hold for a period of 4 weeks and will be held at the company’s head office. Franchisees will also be eligible to attend other advanced training after completing the initial training. Training can at the same time be taken either online or offline.
When you buy into a Huntington Learning Center franchise, you will be given the opportunity to get in-house financing. The company is also an SBA approved franchise and you also have the opportunity to get funds from one of its 3rd party affiliates.
Franchisees with the company will have access to an exclusive area. The franchisor will not establish any other franchise unit within the exclusive area as long as the period of agreement of the franchise unit still holds. This is although applicable if the franchisees are able to comply with all the regulations set in the FDD.
TERMS OF AGREEMENT
Every franchisee will be able to run their business under the company’s brand for a period of 10 years. This is renewable at the end of the term for another 10 years if the franchisee is able to meet up with the company’s terms and conditions for renewal.
HOW TO OPEN A HUNTINGTON LEARNING CENTER FRANCHISE
The information in this article has discussed on how to open a Huntington Learning Center franchise. For you to complete your application though, you will need to proceed to the company’s website to submit your application: https://www.huntingtonfranchise.com/steps-to-open-tutoring-franchise/
Once your application is received, it will be assessed by the company and once you are considered eligible for a franchise opportunity with them, you will then be assigned a franchise consultant, whose responsibility will be to assist you with additional information on how to establish your new franchise unit.