General

Industry

Education Programs

Category

Tutoring

SBA Identifier

S0835

Year of Founding

1985

Fees

Marketing Fee

2%

Royalty Fee

9.5%

Franchise Fee

$36,000-$36,000

Investment Range

$148K-$263K

Location units

Total U.S. Locations

290

U.S. Franchised Units

277

U.S. Corporate Units

13

Headquarters (City)

Oradell

Other

Item 19 - Franchise Financials

Yes

Financing Availability

-

Started Offering Franchises

1985

Issuance of FDD Data

04/11/2022

What to know about Huntington Learning Center franchise?

As a Huntington Learning Center® franchisee, you will offer in-person tutoring and test prep services to school-aged students to be conducted at your brick and mortar facility.

Huntington Learning Center is based in Oradell, NJ. Scroll down to learn more!

How much does a Huntington Learning Center franchise cost?

Are you wondering how much is a Huntington Learning Center franchise? Before starting a Huntington Learning Center franchise, it is important to know the franchise fee, working capital and other costs required to start the business.

The minimum investment amount required to open a Huntington Learning Center franchise is $148,017 and can go all the way up to $263,072. Keep in mind, you should also allocate additional funds to live off of while the Huntington Learning Center business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 Huntington Learning Center franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Huntington Learning Center business 2) pass break even 3) hit significant income.

After (and if) you pass the point of earning significant income from your Huntington Learning Center franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.

Franchise Net Unit Growth

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Download our guide to compare Huntington Learning Center. Hotels to the Tutoring, Outdoor Education Programs industry.

Franchise Data

Year Start of Year Units Opened Units Closed End of Year
2016 224 25 12 237
2017 235 26 11 250
2018 250 21 9 262
2019 262 36 13 285
2020 285 13 18 282
2021 282 2 7 277

Additional Details

How much does a Huntington Learning Center franchise owner make?

Huntington Learning Center franchise earnings and revenue can vary significantly from one franchisee to another.
The Huntington Learning Center franchise owner profits can be influenced by labor costs, lease rates, hours worked as well as other factors.

Huntington Learning Center discloses financials at the unit level. In other words, they show how much Huntington Learning Center franchisees made in the past. Through analyzing this information available in the metrics tab, it can serve as a good basis to further explore the opportunity or not.

At Vetted Biz, we advise you to speak with 5 to 10 franchisees to understand how much money they are making from the Huntington Learning Center franchise. Roughly 60% of franchises disclose financials and it makes the process easier when filtering potential franchise opportunities like Huntington Learning Center. Don’t just speak to existing franchisees, call franchisees who have recently left the system and try to find out how much those Huntington Learning Center owners were making.

Visit the Huntington Learning Center metrics tab to explore the financials for this business.

What is the Huntington Learning Center franchise fee?

Owning a Huntington Learning Center franchise requires 9.5% royalty fee and 2% marketing fee. These two expenses represent the main ongoing costs you can expect to pay the franchisor throughout the franchise relationship. There may be other ongoing fees disclosed in the Huntington Learning Center Franchise Disclosure Document

Keep in mind, there is also an initial Huntington Learning Center franchise fee of $36,000 that is included in the initial investment amount of $148,017 to $263,072. Depending on the franchise agreement you sign, you might have to pay the full franchise fee again if you decide to extend the Huntington Learning Center franchise relationship. Consult with a licensed franchise attorney to understand exactly what you receive for paying the Huntington Learning Center franchise fee of $36,000.

Visit the Huntington Learning Center metrics tab to explore the financials for this business, royalty and marketing fees compare to other Education Programs franchises. You can also compare these fees for 2,000+ franchises currently offered in the U.S.

When was Huntington Learning Center founded?

Huntington Learning Center started offering franchises in 1985. Huntington Learning Center was founded 37 years ago in 1985.

At Vetted Biz, we recommend franchises have 3-5 corporate locations and 5+ years of experience before offering a franchise. There needs to be proof that the business model works and is replicable before offering the franchise to other!

How many Huntington Learning Center locations are in the U.S.?

As of 2022, there were 277 locations across the U.S. There are also 13 corporate locations. Most Education Programs franchises like Huntington Learning Center have more franchised locations than corporate locations.

How many Huntington Learning Center franchises opened over the past few years?

Over the prior 3 years we have data for, Huntington Learning Center has opened 51 outlets throughout the U.S. Visit the Huntington Learning Center metrics tab to explore how the openings compare to other Education Programs franchises.

How many Huntington Learning Center franchises closed over the past few years?

Over the prior 3 years we have data for, Huntington Learning Center has closed 38 outlets throughout the U.S

Visit the Huntington Learning Center metrics tab to explore how the openings compare to other Education Programs franchises.

Is Huntington Learning Center growing? Are they opening more locations than they are closing?

The net unit growth rate for Huntington Learning Center over the past 3 years is 6%. Over the last year we have data for, Huntington Learning Center had a net unit growth rate of -2%.

Without a comparison, this number doesn’t mean much. Compare how the Huntington Learning Center growth rate compares to 2,000+ other franchises and Industry franchises like Huntington Learning Center. More info in the Huntington Learning Center metrics tab.

Is Huntington Learning Center franchise eligible for an SBA Loan?

Huntington Learning Center is eligible for SBA loans including the 7(a) loan. To find out more about the SBA loan program for franchising click here.

Huntington Learning Center franchise was assigned the SBA Franchise ID of S0835 on 10/01/2017. This DOES NOT mean the SBA endorses this franchise. The SBA Franchise Directory will only include business models like Huntington Learning Center that are reviewed and found eligible under SBA’s affiliation rules and other eligibility criteria. Currently, there are over 7,000 franchise opportunities that the SBA has deemed eligible for SBA financing.

Is Huntington Learning Center a franchise in the United States?

According to the SBA, Huntington Learning Center meets the Federal Trade Commission (FTC) definition of a franchise. The FTC Franchise Rule requires franchisors to provide all potential franchisees with a disclosure document (FDD) containing 23 items about the franchise, its officers, and other franchisees. Be sure that Huntington Learning Center provides you with an FDD if you are in discussion to buy a Huntington Learning Center.

What is the Huntington Learning Center Franchise for Sale Rate?

The Huntington Learning Center systemwide health and franchisee satisfaction can be measured by the Huntington Learning Centerfranchise for sale rate. The franchise for sale rate is calculated by the percentage of units transferred to new franchisees and reacquired by franchisor.

Huntington Learning Center franchise for sale rate over the past 3 years is 14%. Over the last year we have data for, Huntington Learning Center had a franchise for sale rate of 5%.

Without a comparison, this number doesn’t mean much. Compare how the Huntington Learning Center franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Huntington Learning Center. More info in the Huntington Learning Center metrics tab.

What is the Huntington Learning Center Franchise Failure Rate?

Huntington Learning Center franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons. The failure rate is one of the most important franchise metrics to consider when investing in a franchise!

Huntington Learning Center failure rate over the past 3 years is 14%. Over the last year we have data for, Huntington Learning Center had a franchise failure rate of 3%.

Without a comparison, this number doesn’t mean much. Compare how the Huntington Learning Center franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Huntington Learning Center. More info in the Huntington Learning Center metrics tab.

How can I find out more details on Huntington Learning Center franchise?

Visit the Huntington Learning Center metrics tab to explore franchise profitability, industry comparables and more. Become a Vetted Member today today for exclusive access on this franchise opportunity!

Investment Midpoint

The average of the low and high range of the investment amounts calculated from the most recently available Franchise Disclosure Document

Huntington Learning Center

$205,545

Industry median

All franchises median

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Royalty Fee

The median royalty fee from the Franchise Disclosure Document

Huntington Learning Center

9.5%

Industry median

All franchises median

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Franchise Fee Midpoint

Payment that the franchisee must pay to the franchise owner in order to start a franchise.

Huntington Learning Center

$36,000

Industry median

All franchises median

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Item 19 – Financial Performance Representations

Historical financial performance representations

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Franchise Financials

Franchisor company financial information and financial performance representations, if disclosed by the franchisor.

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General

Industry

Education Programs

Category

Tutoring

SBA Identifier

S0835

Year of Founding

1985

Fees

Marketing Fee

2%

Royalty Fee

9.5%

Franchise Fee

$36,000-$36,000

Investment Range

$148K-$263K

Location units

Total U.S. Locations

290

U.S. Franchised Units

277

U.S. Corporate Units

13

Headquarters (City)

Oradell

Other

Item 19 - Franchise Financials

Yes

Financing Availability

-

Started Offering Franchises

1985

Issuance of FDD Data

04/11/2022

Detailed Franchise metrics for Huntington Learning Center

Detailed Franchise Metrics are metrics calculated and reviewed by Vetted Biz. You can find the available metrics for Huntington Learning Center below. “N/A" or Not Applicable results mean that there is not enough data available to compute a precise rate or that the result is not mathematically computable. When results are not mathematically computable, you should pay attention to the absolute values (#) instead of the percentage rate itself.

Growth Rate

The percentage change of total franchise units from one year to the next by franchisor.

 

1 year

3 years

Huntington Learning Center

-1%

6%

Industry median

All franchises median

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Franchise for Sale Rate

The percentage of units transferred to new franchisees and reacquired by franchisor.

 

1 year

3 years

Huntington Learning Center

5%

14%

Industry median

All franchises median

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Net Unit Growth (most recent year)

Net Unit Growth (3 years)

Failure Rate

Franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons.

 

1 year

3 years

Huntington Learning Center

5%

14%

Industry median

All franchises median

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News
Activity
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Recent
1-5 of 10 items

Business details

Company Name

www.HuntingtonFranchise.com

Business email

**********@******.com

Mailing address

496 Kinderkamack Road

State headquarters

New jersey

Owner Name

Huntington Learning Center

Phone

+1 (000) 0********00

City

Oradell

Zip code

07649
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