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Tutoring Club

1. Franchise Snapshot

Why this franchise?
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Franchise Status
Active
Basic Information
Industry
Education & Children
Category
Supplemental & Remedial Learning
Investment Range
$88,750 - $162,650
Total US Locations
88
Franchise Units
75
Founding Year
2006
Started Offering Franchises
2006
Management Capacity
Owner Operator
Job Count
15
Prior E2 Investors?
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Prior Visa Franchise Clients?
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Royalty Fee
10%
Marketing Fee
1%
Franchise Fee
$34,500
Headquarters (City, State)
Henderson, NV
Square Footage
1000 - 1800
Retail Location?
Yes
Agreement Term Length
5 Years
Video

In these videos you will learn about the company firsthand. And they will also tell you in a short form about the financing of the enterprise.

2. Franchise Overview

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Overview

Tutoring Club was founded to provide an individualized approach to improving the learning skills of children from elementary to high school grade levels. Tutoring Club has one of the most precise systems to diagnose problem areas and provide time-tested academic programs that turn a child’s weaknesses into their strengths for the long term. The Tutoring Club offers students and parents a guaranteed improvement of one full grade level in 32 hours of subject tutoring time – practically unmatched in the industry. Tutoring Club differentiates itself from other after-school educational franchises in that it offers tutoring services for a wide range of educational subjects instead of just a single subject, thereby Tutoring Club is able to offer more tutoring services and gain more students Services include: subject tutoring, SAT / ACT preparation, and college planning.

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Management team / founders

Tutoring Club began in 2006 and started franchising in 2006In Tutoring Club was bought by a group of highly successful franchisees, led by David Hill, who owned 7 of the top 10 franchises in the system. The current management team has many years of experience and is looking to grow the overall system as well as the individual businesses of the franchisees who are part of the Tutoring Club franchise family.

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Focus of owner for daily business operations

As a Tutoring Club operator, the main facets of the business entail: 1. Management of tutors and payroll (unless a Center Director is hired); 2. Networking in the community to market the business; 3. Meet with potential new clients (new parents and students)

3. Performance & Metrics

Franchisor Fees | Item 6
Franchise Value
Industry Median
All Franchises Median
Royalty Fee
10%
8%
6%
Marketing Fee
Franchise Fee
$34,500
Total Investment Cost | Item 7
Type of Expenditure
Low Amount
High Amount
When due
Outlets and Franchisee Information | Item 20
Outlet type
Year
Outlets at the start of the year
Outlets at the end of the year
Net change
Franchised
Total Outlets
Net Unit Growth (Recent year)
Net Unit Growth (Recent year)
Franchise Health Metrics
Franchise Value
Growth Rate
1 year / 3 years
Failure Rate
1 year / 3 years
Franchise for Sale Rate
1 year / 3 years
Franchise Health Metrics
Franchise Historical Loan Metrics
10 Year Cumulative Charge Offs by $ of Loans
10 Year Cumulative Defaults
3 Year Predicted Default Rate
*Please note the information provided here is sourced from Lumos. We do not guarantee its accuracy or completeness. For verification, please refer to Lumos directly.
Item 19 – Financial Performance Representations
Historical financial performance representations
Franchise Financials
Historical financial performance representations
Litigation & Bankruptcies
% of Franchisees Undergoing Litigation
% of Franchisees with Completed Litigation
Number of Bankruptcies Disclosed
*The litigation information displayed has been reviewed by our Product Development team. Franchises featured on this platform have been thoroughly assessed. However, Visa Franchise strongly recommends consulting with your own legal counsel for further guidance.

4. Our Take

*The litigation information displayed has been reviewed by our Product Development team. Franchises featured on this platform have been thoroughly assessed. However, Visa Franchise strongly recommends consulting with your own legal counsel for further guidance.