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The estimated startup costs for a Huntington Learning Center range from $127,060 to $268,940, depending on your center’s location, size, leasehold improvements and other variables.
To qualify for a franchise, you will need a minimum of $60,000 in liquid capital and a net worth of $150,000. We also recommend additional capital or income to cover living expenses during the first 12 months, when your business is ramping up.
Keep in mind that Huntington offers in-house financing to qualified applicants to assist with these costs.
|Type Of Expenditure||Amount|
|Franchise Fee: One-time fee||$28,000|
|Pre-Opening Expenses: Travel and living expenses while training, security and utility deposits, software fees, phone number license, call center, coaching services, website set-up fee, insurance, attorney, accountant, and other consultant fees||$9,005 – $27,770|
|Equipment: Office equipment, furniture, computer hardware, architectural design, sign, graphics, and tenant improvements||$35,124 – $129,314|
|Inventory: Educational inventory, office inventory, and consumable supplies||$22,485 – $26,910|
|Local Advertising: For the grand opening of your center||$14,446 – $16,946|
|Additional Expenses: Working capital for the first three months||$18,000 – $40,000|
|GRAND TOTAL:||$127,060 – $268,940|
We provide more details about each of these initial investment line items in our Franchise Disclosure Document. If you are ready to learn more, fill out the form. We look forward to answering your questions. You can also call us at 1-800-653-8400.
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
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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