General

Industry

Education Programs

Category

Tutoring

SBA Identifier

S1820

Year of Founding

2007

Fees

Marketing Fee

2%

Royalty Fee

8%

Franchise Fee

$44,700-$104,400

Investment Range

$84K-$201K

Location units

Total U.S. Locations

370

U.S. Franchised Units

370

U.S. Corporate Units

0

Headquarters (City)

Wilmington

Other

Item 19 - Franchise Financials

Yes

Financing Availability

-

Started Offering Franchises

2008

Issuance of FDD Data

07/30/2021

What to know about Tutor Doctor franchise?

The franchise offered is for the operation of a business under the name "Tutor Doctor" which offers affordable tutoring services at a student's home and online. This franchise system or platform offers an effective alternative to students and parents who prefer to receive tutoring help online and in their own home instead of traveling to a learning center.

Tutor Doctor is based in Wilmington, DE. Scroll down to learn more!

How much does a Tutor Doctor franchise cost?

Are you wondering how much is a Tutor Doctor franchise? Before starting a Tutor Doctor 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 Tutor Doctor franchise is $84,295 and can go all the way up to $200,695. Keep in mind, you should also allocate additional funds to live off of while the Tutor Doctor 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 Tutor Doctor franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Tutor Doctor business 2) pass break even 3) hit significant income.

After (and if) you pass the point of earning significant income from your Tutor Doctor 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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Franchise Data

Year Start of Year Units Opened Units Closed End of Year
2016 247 53 20 280
2017 280 63 50 293
2018 280 63 50 293
2019 293 90 40 343
2020 343 54 27 370

Additional Details

How much does a Tutor Doctor franchise owner make?

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

Tutor Doctor discloses financials at the unit level. In other words, they show how much Tutor Doctor 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 Tutor Doctor franchise. Roughly 60% of franchises disclose financials and it makes the process easier when filtering potential franchise opportunities like Tutor Doctor. Don’t just speak to existing franchisees, call franchisees who have recently left the system and try to find out how much those Tutor Doctor owners were making.

Visit the Tutor Doctor metrics tab to explore the financials for this business.

What is the Tutor Doctor franchise fee?

Owning a Tutor Doctor franchise requires 8% 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 Tutor Doctor Franchise Disclosure Document

Keep in mind, there is also an initial Tutor Doctor franchise fee of $44,700 that is included in the initial investment amount of $84,295 to $200,695. Depending on the franchise agreement you sign, you might have to pay the full franchise fee again if you decide to extend the Tutor Doctor franchise relationship. Consult with a licensed franchise attorney to understand exactly what you receive for paying the Tutor Doctor franchise fee of $44,700.

Visit the Tutor Doctor 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 Tutor Doctor founded?

Tutor Doctor started offering franchises in 2008. Tutor Doctor was founded 15 years ago in 2007.

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 Tutor Doctor locations are in the U.S.?

As of 2021, there were 370 locations across the U.S. There are also 0 corporate locations. Most Education Programs franchises like Tutor Doctor have more franchised locations than corporate locations.

How many Tutor Doctor franchises opened over the past few years?

Over the prior 3 years we have data for, Tutor Doctor has opened 207 outlets throughout the U.S. Visit the Tutor Doctor metrics tab to explore how the openings compare to other Education Programs franchises.

How many Tutor Doctor franchises closed over the past few years?

Over the prior 3 years we have data for, Tutor Doctor has closed 117 outlets throughout the U.S

Visit the Tutor Doctor metrics tab to explore how the openings compare to other Education Programs franchises.

Is Tutor Doctor growing? Are they opening more locations than they are closing?

The net unit growth rate for Tutor Doctor over the past 3 years is 32%. Over the last year we have data for, Tutor Doctor had a net unit growth rate of 8%.

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

Is Tutor Doctor franchise eligible for an SBA Loan?

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

Tutor Doctor franchise was assigned the SBA Franchise ID of S1820 on 10/01/2017. This DOES NOT mean the SBA endorses this franchise. The SBA Franchise Directory will only include business models like Tutor Doctor 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 Tutor Doctor a franchise in the United States?

According to the SBA, Tutor Doctor 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 Tutor Doctor provides you with an FDD if you are in discussion to buy a Tutor Doctor.

What is the Tutor Doctor Franchise for Sale Rate?

The Tutor Doctor systemwide health and franchisee satisfaction can be measured by the Tutor Doctorfranchise for sale rate. The franchise for sale rate is calculated by the percentage of units transferred to new franchisees and reacquired by franchisor.

Tutor Doctor franchise for sale rate over the past 3 years is 11%. Over the last year we have data for, Tutor Doctor had a franchise for sale rate of 4%.

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

What is the Tutor Doctor Franchise Failure Rate?

Tutor Doctor 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!

Tutor Doctor failure rate over the past 3 years is 32%. Over the last year we have data for, Tutor Doctor had a franchise failure rate of 7%.

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

How can I find out more details on Tutor Doctor franchise?

Visit the Tutor Doctor 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

Tutor Doctor

$142,495

Industry median

All franchises median

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Royalty Fee

The median royalty fee from the Franchise Disclosure Document

Tutor Doctor

8%

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.

Tutor Doctor

$74,550

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

S1820

Year of Founding

2007

Fees

Marketing Fee

2%

Royalty Fee

8%

Franchise Fee

$44,700-$104,400

Investment Range

$84K-$201K

Location units

Total U.S. Locations

370

U.S. Franchised Units

370

U.S. Corporate Units

0

Headquarters (City)

Wilmington

Other

Item 19 - Franchise Financials

Yes

Financing Availability

-

Started Offering Franchises

2008

Issuance of FDD Data

07/30/2021

Detailed Franchise metrics for Tutor Doctor

Detailed Franchise Metrics are metrics calculated and reviewed by Vetted Biz. You can find the available metrics for Tutor Doctor 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

Tutor Doctor

8%

32%

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

Tutor Doctor

NA

11%

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

Tutor Doctor

NA

32%

Industry median

All franchises median

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Business details

Company Name

http://www.tutordoctor.com

Business email

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

Mailing address

1013 Centre Road, Suite 403S

State headquarters

Delaware

Owner Name

Tutor Doctor

Phone

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

City

Wilmington

Zip code

19805
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