The Tutoring Center franchise owners operate learning centers specializing in after-school tutoring services in reading, math, writing, test preparation and study skills for school age children. Is The Tutoring Center franchise a great business to own? What should those considering this investment know about The Tutoring Center and its franchise opportunity? See what others are saying and share your opinions below.
(UnhappyFranchisee.Com) The Tutoring Center franchise owners provide after-school tutoring services in reading, math, writing, pre-algebra, algebra 1 and 2, geometry, test preparation and study skills for school age children.
According to The Tutoring Center franchise marketing:
Owning one of our franchises affords you recognition and a “time-tested” system. We give you a proven method of doing business in this industry. We take great pride in creating a successful relationship with our franchisees. In short, we are “partners in your success.”… By working together and supporting your needs, you receive all the tools to run a successful business in our industry.
According to the 2015 The Tutoring Center Franchise Disclosure Document (FDD), “The total investment necessary to begin operation of a Tutoring Center franchised business is $90,000 to $132,200. This includes $40,000 that must be paid to the franchisor and/or its affiliate, as appropriate.”
Is the The Tutoring Center franchise a great business to own? Are The Tutoring Center franchisees successful… and happy? What are the potential pros and cons of owning a The Tutoring Center franchise?
We invite those familiar with The Tutoring Center 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).
The Tutoring Center Franchise Advantages – Opinions Invited
The Tutoring Center franchise marketing includes this list of franchise advantages:
- Monday to Thursday: Enjoy a 3-day weekend every week!
- Great Part-Time Hours & Lifestyle
- No Late Nights or Weekends working on Paperwork
- Change the lives of Children in your Community
- Finest “System” in the After-school Learning Industry
- No Teaching Experience Necessary
- Large exclusive territories
- No Accounts Receivable
- Easy to find Instructors and Staff
- Low Franchise Fee and Royalty Fees
- “The Boss is You.”
- “Grand Opening” Assistance.
- Marketing Support.
- Established System.
Do you know of other benefits of owning The Tutoring Center franchise? Share a comment below.
The Tutoring Center Franchise Disadvantages – And Potential Red Flags
Do you know of potential disadvantages of The Tutoring Center franchise program? Please share below.
Item 20 of the 2015 The Tutoring Center 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.
19, or 25%, of these franchises were terminated, didn’t renew, or transferred to other owners.
|The Tutoring Center Franchise Turnover||Locations
|Reacquired by franchisor||0|
|Ceased Operations – other reasons||0|
|Transferred to new owners*||1|
* 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 Tutoring Center franchise?
Why does it appear that a high percentage of The Tutoring Center franchisees exit the system?
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 The Tutoring Center and other tutoring franchises are the 2015 Franchise Disclosure Documents, or FDDS, of the respective companies.
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