Initial Investment and Financial Requirements

The estimated startup costs for a Huntington Learning Center range from $110,080 to $225,650, 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 ExpenditureAmount
Initial Franchise Fee: One-time fee$25,000
Development Fee: Applies when reserving rights for a second center$0 – $5,000
Equipment: Office equipment, furniture, computer hardware, architectural design, sign, graphics, and tenant improvements$30,740 – $90,130
Inventory: Educational inventory, office inventory, and consumable supplies$25,000 – $29,000
Local Advertising: For the grand opening of your center$9,000 – $11,500
Pre-opening Expenses: Travel and living expenses while training, security and utility deposits, software fees, phone number license, call center, coaching services, web site set-up fee, insurance, attorney, accountant, and other consultant fees$3,330 – $25,020
Additional Expenses: Working capital for first three months$18,000 – $40,000
TOTAL:$110,070 – $225,650

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.

Some of the benefits of owning a Huntington franchise

  • Amazing student results
  • Multiple revenue streams during the lifecycle of a student
  • Qualified veterans or active military receive a 50% discount on franchise fee

 




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