JEI LEARNING CENTERS Franchise: A Great Business to Own?
JEI Learning Centers franchise owners provide supplemental education using a method developed by the parent company, JEI Corporation. Is the JEI Learning Centers franchise a great business to own? What should those considering this investment know about JEI Learning Centers and its franchise opportunity? See what others are saying and share your opinions below.
(UnhappyFranchisee.Com) JEI Learning Centers franchise owners use the JEI Self Learning Method, a self-paced, individualized program that helps students master mathematical and language concepts in small, easy-to-follow steps.
According to JEI Learning Centers franchise marketing:
JEI Franchise can direct you into a very special opportunity for you. You can be your own boss and become successful in education field as JEI Learning Centers provide innovative and effective supplementary education program for Pre-K to 10th graders. There are approximately one million students currently enrolled in our JEI Self-Learning Systems worldwide. JEI will help students realize their fullest potential and help them strive for their ultimate goals.
According to the 2015 JEI Learning Centers Franchise Disclosure Document (FDD), “The total investment necessary to begin operation of a start-up JEI Learning Center franchise is $60,750 to $99,750. This includes $22,500 that must be paid to the franchisor. ”
Is the JEI Learning Centers franchise a great business to own? Are JEI Learning Centers franchisees successful… and happy? What are the potential pros and cons of owning a JEI Learning Centers franchise?
We invite those familiar with the JEI Learning Centers franchise program (franchisees, instructors, franchise or corporate employees, parents, educators) to share their opinions – positive and negative – with a comment below.
Anonymous comments are welcome; however, please use a valid email address (won’t be publicly visible).
JEI Learning Centers Franchise Advantages – Opinions Invited
According to JEI Learning Centers:
JEI has guided millions of students toward their full potential since 1977. It offers one of the most effective supplementary educational programs in the world. Here are some of the reasons why you should consider owning a JEI Franchise.
- Common Core aligned curriculum
- More revenue generating subjects
- Low initial investment of $60,750-$99,750
- Lowest royalties among competitors
- Protected territories and multi-unit potential
Do you know of other benefits of owning a JEI Learning Centers franchise? Share a comment below.
JEI Learning Centers Franchise Disadvantages – And Potential Red Flags
Do you know of potential disadvantages of the JEI Learning Centers franchise program? Please share below.
Item 20 of the 2015 JEI Learning Centers Franchise Disclosure Document (FDD) reveals a concerning number of franchise closures & terminations, and franchisee turnover.
During the years 2012, 2013 and 2014, there were a total of 84 active franchise agreements.
17, or 20.23%, of these franchises were terminated, ceased operations, or transferred to other owners.
|JEI Learning Centers Franchise Turnover||Locations
|Reacquired by franchisor||0|
|Ceased Operations – other reasons||10|
|Transferred to new owners*||2|
* In some cases, a transfer could mean a franchise was sold at a profit, but it often means that an owner exited the system at a loss.
What are the disadvantages of the JEI Learning Centers franchise?
Why does it appear that a very high percentage of JEI Learning Centers franchisees exit the system before completing the term of their franchise agreements?
Tutoring Franchises Average a High 25.52% Turnover Rate
Unfortunately, it appears that the entire tutoring services and supplemental education segment of the franchise industry is suffering from high franchisee turnover.
The ten largest franchises in this segment average 25.52% turnover, with several (Tutor Doctor, Sylvan, & Club Z) exceeding 30%.
|Mathnasium||17%||JEI Learning Centers||20.23%|
|Huntington||28.9%||The Tutoring Center||25.33%|
Are tutoring franchises – in general – not thriving in today’s marketplace?
Is the tutoring market overbuilt and saturated with tutoring franchises?
Should prospective franchisees stay away from education franchises in general?
Share your opinion below. Company responses, clarifications and corrections are invited and encouraged.
Data Sources for JEI Learning Centers and other tutoring franchises are the 2015 Franchise Disclosure Documents, or FDDS, of the respective companies.
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FRANCHISE DISCUSSIONS by Company
ARE YOU FAMILIAR WITH JEI LEARNING CENTERS AND/OR THE JEI LEARNING CENTERS FRANCHISE OPPORTUNITY? SHARE A COMMENT BELOW.
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One thought on “JEI LEARNING CENTERS Franchise: A Great Business to Own?”
It was late 2017 when I started the discussion with JEI as the potential franchisee and until now April 2018, I haven’t received the valid contract.
While dealing with the representing personnel for 7 months, I felt there is no transparency in the process.
Since JEI is relatively new to the game, the head office is not really effective in dealing with franchisees or potential franchisee compared to other education service franchisers.
I would rate them as F- and not recommend you to even try doing business with them in the first place, as their communication is sluggish and not always truthful.