Initial Investment and Financial Requirements

How much are the startup costs for a Huntington Tutoring Franchise?
The estimated startup costs for a Huntington Learning Center range from $133,458 to $276,669, 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 ExpenditureAmount
Initial Franchise Fee: One-time fee$28,000
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$13,005 – $35,770
Equipment: Office equipment, furniture, computer hardware, architectural design, signs, graphics and tenant improvements for your 1200 – 1400 sq. ft. center.$36,082 – $133,928
Inventory: Educational inventory, office inventory, and consumable supplies$19,247 – $19,847
Local Advertising: For the grand opening of your center$19,124
Additional Expenses: Working capital for the first three months$18,000 – $40,000
GRAND TOTAL:$133,458 – $276,669

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 25% discount on franchise fee

 




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