FOR IMMEDIATE RELEASEEileen Huntington, Co-Founder and CEO of Huntington Learning Center, Profiled In Entrepreneur Magazine’s January 2015 Franchise 500 Issue Oradell, New Jersey – December 29, 2014 – Huntington Learning Center announces its co-founder and CEO, Eileen Huntington, named by Entrepreneur magazine, as one of three “Women to Watch” in 2015.
The Entrepreneur profile documents Huntington Learning Center’s rise to the top of the tutoring and test prep industry, and delves into Eileen’s leadership style of “positivity and high expectations.” Under Eileen’s leadership, Huntington Learning Center has climbed ten spots on Entrepreneur’s annual Franchise 500 rankings due to the company’s financial strength and stability, growth rate, system size, years in business and low startup costs. This is the eighth year ranked as a Franchise 500 company.
Eileen and Ray Huntington opened the first Huntington Learning Center in 1977 when, as Eileen tells Entrepreneur “at the time, there was no real tutoring industry … there was no model to follow … what do we have to lose?” That grit and entrepreneurial spirit are the reasons why she is franchising’s woman to watch.
Today, Eileen, Ray and the entire Huntington team lead the #1 producing tutoring franchise, producing 50% more in revenue than their closest competitor. Huntington’s financial results are a direct result of student performance. In just three months, on average, Huntington’s tutoring students increase 1.2 grade levels in reading and 1 grade level in math. On average, Huntington’s test prep students increase 192 points on the SAT and 4.2 points on the ACT in just 2 ½ months.
Huntington began franchising in 1985 and now has over 260 locations across the United States. In 2013, the company changed its franchise model to lower its initial franchise fees. Now, individuals looking to take control of their lives and own their own business can become a franchisee for a total upfront investment of less than $100K. Huntington offers financing options, great flexibility, with part-time startup, and tremendous training and support.
Huntington’s mission is to give every student the best education possible. Eileen shares with Entrepreneur, “We’re working with children. When a child calls up and says, ‘I got on the honor roll for the first time,’ you are just over the moon for that.’” This sums up what Huntington does; it changes lives and helps students achieve their academic goals.
Fittingly, Entrepreneur rated the “children’s businesses” category as the fourth largest sector in its rankings. According to the magazine, “From companies that offer preschoolers a head start to tutoring services that help high-schoolers boost SAT scores, franchises are earning high marks by supplementing the traditional education system.” Huntington has been named a Top 20 Children’s Services and Education Franchise in Opportunity World magazine, an AllStar Franchise by AllBusiness, a Top 100 Franchise by the World Franchising Network and a Top 50 Franchise for Minorities by the National Minority Franchising Initiative. Huntington is nationally accredited by Middle States Association of Colleges and Schools and Western Association of Schools and Colleges.
Read the full 2015 Franchise 500 ranking at http://www.entrepreneur.com/franchise500/index.html.