Huntington Learning Center
Tutoring and test prep- 2022 Franchise 500 Rank
-
#122 Ranked #60 last year
- Initial investment
-
$148K - $263K
- Units as of 2022
-
289 3% over 3 years
Company Overview
About Huntington Learning Center
- Industry
- Children's Businesses
- Related Categories
- Tutoring, Miscellaneous Children's Businesses, Children's Education/Enrichment
- Founded
- 1977
- Parent Company
- Huntington Learning Centers Inc.
- Leadership
- Eileen Huntington, Cofounder & CEO
More from Huntington Learning Center
Founded in 1977 by Ray and Eileen Huntington, Huntington Learning Center offers individualized in-person and online tutoring programs for K-12 students nationwide. With approximately 300 locations across the country, Huntington’s business model is based on two key pillars: helping students achieve world-class results and maximizing franchisee profitability. Our dedication to these two areas is what has led Huntington Learning Center to its position as the top-performing franchise business in the tutoring industry.
At Huntington Learning Center, our primary goal is to give every student the best education possible - and we’re proud to say that since 1977, we’ve helped over a million students gain the confidence and skills that they need to do well in school.
In fact, on average, our tutoring students increase over two grade levels in reading and math with just 50 hours of tutoring, and our test prep students see an average increase of 5.4 points on the ACT and 229 points on the SAT. Each of our students receive, on average, $71,000 worth of scholarship offers each year - that’s over $187 million in scholarship offers collectively.
“We’ve built a business model that has helped so many franchisees make a meaningful difference in their lives, and we’re always striving to drive more profitability for our franchise owners,” says Anne Huntington Sharma, President and Board Member of Huntington Learning Center. “We know that the more successful our franchise owners are, the more lives they’ll be able to impact in a positive way.”
In addition to being named to the Entrepreneur Franchise 500, Huntington Learning Center has garnered countless awards over the years for our dedication to our franchisees as well as the families that we serve, including being named a Top Low-Cost Franchise by Franchise Business Review, a Franchise Time Top 200+ organization, a Franchise Journal Top Brand and one of Franchise Dictionary 2020 Game Changers.
Not only is Huntington the top-performing tutoring and test prep franchise business, but it’s also one of the most affordable franchise opportunities on the market. The total cost to open a new Huntington Learning Center franchise ranges from $147,010 to $266,111 Huntington is a VetFran member and provides a 25% discount off of the initial franchise fee to all qualified retired and active-duty military personnel.
By becoming a Huntington Learning Center franchise, you join a brand that is passionate about student success and franchisee profitability with a proven track record that makes a lasting difference.
Franchisee Testimonials
- “Huntington has not only helped meet my goal of having a better work-life balance, but financially it has provided fabulous opportunities for my family.” Amy Servi, Minnesota - Franchisee since 2012
- “There are precious few opportunities in this world to own a business where you can have the impact on students that we have every single day at Huntington.” Jeff Williams, Texas - Franchisee since 2010
- “It’s been very lucrative for us, but more importantly, we’ve changed a lot of lives. That really feels good.” Michael Cardamone, Maryland Franchisee since 1999
Franchising Overview
- Franchising Since
- 1985 (37 years)
- # of employees at HQ
- 117
- Where seeking
-
This company is seeking new franchisees in the following US states: Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, Nebraska, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Washington, Wisconsin
- # of Units
- 289 (as of 2022)
Franchisor Information
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Huntington Learning Center franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
- $36,000
- Initial Investment
- $148,017 - $263,072
- Net Worth Requirement
- $200,000
- Cash Requirement
- $65,000
- Veteran Incentives
- 25% off first-unit franchise fee
- Royalty Fee
- 9.5%
- Ad Royalty Fee
- 2%
- Term of Agreement
- 10 years
- Is franchise term renewable?
- Yes
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- In-House Financing
- Huntington Learning Center offers in-house financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 10 hours
- Classroom Training
- 123 hours
- Additional Training
- At franchisee's location and online
- Ongoing Support
-
NewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
-
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- No
- Can this franchise be run from home/mobile unit?
- Yes
- Can this franchise be run part time?
- Yes
- # of employees required to run
- 1
- Are exclusive territories available?
- Yes
Request free information
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Franchise 500 Ranking History
Compare where Huntington Learning Center landed on this year’s Franchise 500 Ranking versus previous years.
Additional Rankings
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