Product category



The Tutoring Center Franchise Costs, Fees & Profits

The Tutoring Center Franchise Costs, Fees & Profits (2024)

Here’s what you need to know if you’re interested in opening a The Tutoring Center franchise.

|

KEY FRANCHISEE INFORMATION

Here are the most important stats to know for franchisees.

NUMBER OF LOCATIONS

84

INITIAL INVESTMENT

$114,000 – $191,000 

ROYALTY FEE

1st month $500, then $1500
revenue

REVENUE PER YEAR

$205,000

The Tutoring Center is a prominent franchise that specializes in providing personalized educational services to children. Founded in 1994, it has built a reputation for helping students enhance their academic abilities in key areas such as Reading, Math, and Writing.

The franchise operates based on a unique combination of One-to-One Instruction and the Rotational Approach to Learning, designed to not only improve academic skills but also to foster a love of learning and boost students’ confidence. Headquartered in the United States, The Tutoring Center has expanded its reach over the years.

This growth reflects the high demand for quality supplemental education and the effectiveness of The Tutoring Center’s methods. The franchise is distinguished by its commitment to making learning fun and engaging, utilizing highly qualified instructors who hold bachelor’s, master’s, and doctoral degrees. This ensures that students receive the best possible support and guidance.

Number of locations

TOTAL UNITS
84
FRANCHISED UNITS
84

Find the most profitable franchises on

Initial investment

INITIAL INVESTMENT
$114,000 $191,000 

Note: The table above provides a snapshot of the main costs associated with starting the most common franchise format (as disclosed in the Item 7 of the Franchise Disclosure Document). For a complete overview of all the expenses involved with the various formats offered by the franchisor, please consult the Franchise Disclosure Document.

Franchise fees & Royalties

ROYALTY FEE
1st month $500, then $1500

Royalty Fees

Franchisees are required to pay royalty fees starting with $500 for the first month of operation and then $1,500 per month for the remainder of the franchise term. Each January, the monthly amount automatically increases by $25.

Pre-opening Training and Support Fee

A non-refundable fee of $15,000 is due upon signing the Franchise Agreement. This fee covers initial training and annual mandatory refresher training at the end of the first year of operation, excluding travel, lodging, meals, and incidental costs for attending training.

Late Charges

A charge of $250 is applied for each late payment, with an additional $250 per month until the payment is fully settled.

Non-Compliance Fee

If found not in compliance with the system, a fee of $250 is charged each time, plus an additional $250 per month until full compliance is achieved.

Technology Fees

The current technology fee is $200 per month, subject to potential increases up to $250 per month with 30 days’ notice.

Profits

Find the most profitable franchises on

How to apply

1. Request Information

  • Visit The Tutoring Center’s official franchise website to express your interest in opening a franchise.
  • Fill out the contact form with your details to receive more information about the franchise opportunity.

2. Complete the Online Virtual Discovery Process

  • Engage in The Tutoring Center’s virtual discovery process, which may involve learning more about the franchise system, the business model, and the support provided by the franchisor.
  • This step likely includes various resources such as webinars, presentations, and one-on-one discussions with the franchise team.

3. Become a Franchisee of The Tutoring Center

  • After completing the discovery process and fulfilling all requirements, proceed with the formal application to become a franchisee.
  • This step will likely involve signing agreements, making the initial investment, and starting the training process.

Disclaimer

Disclaimer: This content has been made for informational and educational purposes only. We do not make any representation or warranties with respect to the accuracy, applicability, fitness, or completeness of the information presented in the article. You should not construe any such information or other material as legal, tax, investment, financial, or other professional advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any franchises, securities, or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the franchise and/or securities laws of such jurisdiction.

All content in this article is information of a general nature and does not address the detailed circumstances of any particular individual or entity. Nothing in the article constitutes professional and/or financial and/or legal advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content in this article before making any decisions based on such information or other content.

Interested in buying a The Tutoring Center franchise?

Download the financial plan built with the latest Franchise Document.

0