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How much are the startup costs for a Huntington Tutoring Franchise?
The estimated startup costs for a Huntington Learning Center range from $147,010 to $266,111, depending on your center’s location, size, leasehold improvements and other variables.
Which are the financial requirements of a Huntington Education Franchise?
To qualify for a franchise, you will need a minimum of $65,000 in liquid capital and a net worth of $200,000. We also recommend additional capital or income to cover living expenses during the first 12 months, when your business is ramping up.
|Type Of Expenditure||Amount|
|Initial Franchise Fee: One-time fee||$36,000|
|Pre-Opening Expenses: Travel and living expenses while training, security and utility deposits, software fees, set-up fees (phone number license, call center, coaching services, website), insurance, attorney, accountant and other consultant fees||$9,005 – $27,770|
|Equipment: Office equipment, furniture, computer hardware, architectural design, signs, graphics and tenant improvements for your 1200 – 1400 sq. ft. center.||$37,227 – $132,773|
|Inventory: Educational inventory, office inventory, and consumable supplies||$23,257 – $25,857|
|Local Advertising: For the grand opening of your center||$19,235|
|Additional Expenses: Working capital for the first three months||$22,286 – $24,476|
|GRAND TOTAL:||$147,010 – $266,111|
We provide more details about each of these initial investment line items in our Franchise Disclosure Document. If you are ready to learn more about the tutoring business start-up costs, fill out the form. We look forward to answering your questions. You can also call us at 1-800-653-8400.
Huntington Learning Center owner and Veteran Bruce Moody recently sat down with Franchise Dictionary Magazine to discuss joining Huntington in 2019 and a variety of other topics.Read More Here
Huntington Learning Center has been working hard this summer to continue providing new and updated resources to support our Franchisees. We seek to give every student the best education possible. See these efforts highlighted in Franchising USA.Read More
Join us as we host a webinar to discuss the benefits of franchise ownership. In an ever-growing industry, Huntington Learning Center, the #1 revenue producing tutoring franchise, is poised and ready for the future as we expand throughout the country.Register Today
Huntington Learning Center is ranked #39 in the 2020 Entrepreneur Top 500 Franchises list. With more than 1,000 companies being reviewed for this list, this a great accomplishment and is a testament to our employees and franchise network.Read More
Huntington Learning Center has announced the results of its annual SAT, ACT and scholarships survey for 2019. Find out how our 2019 High School graduates performed this year.Read More
Huntington Learning Center’s Training Department was named by Training Magazine to its top 125 for 2020. This award is presented annually to companies’ excellence in employer-sponsored training and development programs.Read More
Huntington Learning Center has announced a significant expansion of its franchising opportunities in the New York Metropolitan area.Read More
Huntington Learning Center is ranked #48 in the 2019 Entrepreneur Top 500 Franchises list. With more than 1,000 companies being reviewed for this list, this a great accomplishment and is a testament to our employees and franchise network.Read More