Tutoring Club offers elementary to high-school age students instruction in basic subjects, like reading, math, writing and study skills. The company also offers SAT preparation, study skills courses and tutoring. Founded in 1991, Tutoring Club began franchising in 1999. As of 2018, the company operates over 60 franchises worldwide.
Tutoring Club has the franchise fee of up to $34,500, with total initial investment range of $66,500 to $119,900.
Initial Investment: $66,500 - $119,900
Net-worth Requirement: $100,000
Liquid Cash Requirement: $50,000
Initial Franchise Fee: $34,500
Ongoing Royalty Fee: 10%
Ad Royalty Fee: 1%
Initial Investment and Startup Costs
|Type of expenditure||Cost|
|Initial Franchise Fee||$34,500**|
|Real Estate / Rent||$4,500 to $18,000|
|Utility Deposits||$0 to $400|
|Leashold Improvements||$0 to $25,000|
|Insurance||$500 to $1,500|
|Start-up Package Shipping||$500 to $2,000|
|Your Expenses for Attending Training||$1,500 to $4,000|
|Grand Opening Advertising||$2,000 to $6,000|
|Permits / Professional Fees||$500 to $2,000|
|Signage||$3,000 to $6,000|
|Additional Funds for first 3 months||$4,500 to $10,000|
|Armed forces discount**||20% off Initial Franchise Fee|
|Estimated Total:||$66,500 to $119,900|
* According to data publicly available on the franchising websites of Mathnasium®, Sylvan Learning®, and Kumon® as of May 28th, 2017. This takes into consideration a best-case scenario for Tutoring Club’s costs and the worst-case scenario for others’.
** Not included in estimates. A discount of 20% to the initial franchise fee of $24,500 will be given to honorably discharged United States Armed Forces members for their first center.
On-The-Job Training: 40 hours
Classroom Training: 80 hours
Number of Employees Required to Run: 8 - 10
Tutoring Club Franchise Info: https://franchise.tutoringclub.com/
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