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General

Industry

Education Programs

Category

Tutoring

SBA Identifier

S1821

Year of Founding

2006

Fees

Marketing Fee

1%

Royalty Fee

10%

Franchise Fee

$34,500-$34,500

Investment Range

$67K-$120K

Location units

Total U.S. Locations

86

U.S. Franchised Units

73

U.S. Corporate Units

13

Headquarters (City)

Henderson

Other

Item 19 - Franchise Financials

Yes

Financing Availability

yes

Started Offering Franchises

2006

Issuance of FDD Data

07/31/2020

What to know about Tutoring Club franchise?

As a franchisee, you will operate an education business that provides individualized academic assistance to students of all ages and ability levels. From early learning to college preparation, your business will serve as a dedicated partner to families at every step of their child's academic journey.

Tutoring Club is based in Henderson, NV. Scroll down to learn more!

How much does a Tutoring Club franchise cost?

Are you wondering how much is a Tutoring Club franchise? Before starting a Tutoring Club 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 Tutoring Club franchise is $66,500 and can go all the way up to $119,900. Keep in mind, you should also allocate additional funds to live off of while the Tutoring Club 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 Tutoring Club franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Tutoring Club business 2) pass break even 3) hit significant income.

After (and if) you pass the point of earning significant income from your Tutoring Club 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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Industry Report Request

Download our guide to compare Tutoring Club. Hotels to the Tutoring, Outdoor Education Programs industry.

Franchise Data

Year Start of Year Units Opened Units Closed End of Year
2016 69 2 7 66
2017 64 7 4 67
2018 67 4 0 68
2019 71 5 0 73

Additional Details

How much does a Tutoring Club franchise owner make?

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

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

Visit the Tutoring Club metrics tab to explore the financials for this business.

What is the Tutoring Club franchise fee?

Owning a Tutoring Club franchise requires 10% royalty fee and 1% 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 Tutoring Club Franchise Disclosure Document

Keep in mind, there is also an initial Tutoring Club franchise fee of $34,500 that is included in the initial investment amount of $66,500 to $119,900. Depending on the franchise agreement you sign, you might have to pay the full franchise fee again if you decide to extend the Tutoring Club franchise relationship. Consult with a licensed franchise attorney to understand exactly what you receive for paying the Tutoring Club franchise fee of $34,500.

Visit the Tutoring Club 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 Tutoring Club founded?

Tutoring Club started offering franchises in 2006. Tutoring Club was founded 16 years ago in 2006.

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 Tutoring Club locations are in the U.S.?

As of 2020, there were 73 locations across the U.S. There are also 13 corporate locations. Most Education Programs franchises like Tutoring Club have more franchised locations than corporate locations.

How many Tutoring Club franchises opened over the past few years?

Over the prior 3 years we have data for, Tutoring Club has opened 16 outlets throughout the U.S. Visit the Tutoring Club metrics tab to explore how the openings compare to other Education Programs franchises.

How many Tutoring Club franchises closed over the past few years?

Over the prior 3 years we have data for, Tutoring Club has closed 4 outlets throughout the U.S

Visit the Tutoring Club metrics tab to explore how the openings compare to other Education Programs franchises.

Is Tutoring Club growing? Are they opening more locations than they are closing?

The net unit growth rate for Tutoring Club over the past 3 years is 14%. Over the last year we have data for, Tutoring Club had a net unit growth rate of 3%.

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

Is Tutoring Club franchise eligible for an SBA Loan?

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

Tutoring Club franchise was assigned the SBA Franchise ID of S1821 on 10/01/2017. This DOES NOT mean the SBA endorses this franchise. The SBA Franchise Directory will only include business models like Tutoring Club 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 Tutoring Club a franchise in the United States?

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

What is the Tutoring Club Franchise for Sale Rate?

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

Tutoring Club franchise for sale rate over the past 3 years is 5%. Over the last year we have data for, Tutoring Club had a franchise for sale rate of 1%.

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

What is the Tutoring Club Franchise Failure Rate?

Tutoring Club 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!

Tutoring Club failure rate over the past 3 years is 5%. Over the last year we have data for, Tutoring Club had a franchise failure rate of 0%.

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

How can I find out more details on Tutoring Club franchise?

Visit the Tutoring Club 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

Tutoring Club

$93,200

Industry median

All franchises median

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Royalty Fee

The median royalty fee from the Franchise Disclosure Document

Tutoring Club

10%

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.

Tutoring Club

$34,500

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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Franchise Disclosure Document

Download Latest FDD (2020)

General

Industry

Education Programs

Category

Tutoring

SBA Identifier

S1821

Year of Founding

2006

Fees

Marketing Fee

1%

Royalty Fee

10%

Franchise Fee

$34,500-$34,500

Investment Range

$67K-$120K

Location units

Total U.S. Locations

86

U.S. Franchised Units

73

U.S. Corporate Units

13

Headquarters (City)

Henderson

Other

Item 19 - Franchise Financials

Yes

Financing Availability

yes

Started Offering Franchises

2006

Issuance of FDD Data

07/31/2020

Detailed Franchise metrics for Tutoring Club

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

Franchise Fee Midpoint

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

Tutoring Club

$34,500

Industry median

All franchises median

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Franchise Disclosure Document

Download Latest FDD (2020)

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

Tutoring Club

NA

5%

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

Tutoring Club

NA

5%

Industry median

All franchises median

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Business details

Website

https://***********.com

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Business email

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

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Mailing address

11241 S. Eastern Avenue

State headquarters

Nevada

Key leadership

Tutoring Club

Phone

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

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City

Henderson

Zip code

89052
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