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Price Reduced to $15,000!!

Must sell to care for ailing mother

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asking price
$
15,000
gross sales
$
135,000
cash flow
$
employees: 
8
founded: 
2019

We are selling the newer of our two centers so that my wife can spend time with her ailing mother.

Location, Location, Location!

The Clear Lake Huntington is in the heart of Clear Lake City, which is home to NASA Johnson Space Center, University of Houston Clear Lake and the highly prestigious Clear Creek Independent School District. The district is known for its high standards and quality of education. And due to its proximity to NASA, science, technology, engineering and math is at the forefront for students. This has given us a lot of tutoring business for the high level math and science classes.

What makes Huntington Learning Center different?

At Huntington Learning Center, we understand that one size does not fit all students, so we offer in-person or online tutoring to fit their individual needs. Our method is a 4-step approach that sets our programs apart from other competitors — and we have 43 years of experience, and countless success stories to prove it. Our comprehensive evaluation pinpoints strengths and weaknesses. Based on the results of the evaluation, our tutors develop a personalized learning plan targeted to meet each student’s needs. Students receive individualized tutoring to help them learn at their pace, on their level, to build skills, confidence, and motivation. We keep parents and teachers (with permission) in the loop with regular conferences to discuss the student’s progress.

Huntington Learning Center has been named #10 on Entrepreneur’s 2020 Top Low-Cost Franchises List for 2020!

Training and Support

The Huntington training department has been awarded Training Magazine’s top 125 training organizations for 2020. The support from the franchisor is outstanding in terms of training, IT and help desk support, coaching and marketing. You won’t have to reinvent the wheel and will have abundant marketing resources at your fingertips!

Franchise Brand Accolades and Awards

January 17, 2020 Huntington Learning Center has once again been awarded a spot in Franchise Business Review’s Top 200 Best Franchises to Buy list in 2020. January 31, 2019 Huntington Learning Center is ranked #48 in the 2019 Entrepreneur Top 500 Franchises list. With more than 1,000 companies being reviewed for this list, this a great accomplishment and is a testament to our employees and franchise network. May 8, 2020 Huntington Learning Center has been named #10 on Entrepreneur’s 2020 Top Low-Cost Franchises List for 2020. December 1, 2020 Huntington Learning Center has been named to Franchise Dictionary Magazine’s 2020 Top 100 Game Changers List. December 2, 2020 Huntington Learning Center’s training department has been named a member of the Training Magazine Top 100 list for the second consecutive year.

What does it cost to open a new Huntington Learning Center?

Per the Franchise Disclosure Document, “The total investment necessary to begin operation of a single Huntington Learning Center® franchise is between $110,070 and $225,650.” Our cost was approximately $120,000 for the build out of the center, for the purchase of furniture, labor, professional services, curriculum, marketing materials, phones, computers and Chromebooks. All contents are included in the purchase of the center. The asking price of $20,000 is less than it would cost you to buy the curriculum alone, which costs over $21,000.

Current lease terms of the Clear Lake center:

The current 5-year lease is through March 2024, with a 5-year optional lease extension. Rent is $2,702.00 per month plus CAM.

Financials:

The business opened mid-March 2019 and had to close mid-March of 2020 due to COVID-19 mandated shutdowns, just when momentum was building. Our trailing 12-month revenue through November 2020 is $135,000 and we are on track to break even for the year. The recent increase in inquiries reflect the failure of online schooling, and we are seeing a significant increase in business.

There is untapped growth potential in the marketing of local area public and private schools, PTAs, booster clubs, churches and area merchants. Owner was inconsistent in marketing and negligent in nurturing these relationships, which are a key ingredient to becoming a top performer in the franchise.


At A Glance
Founded: 1977
Locations: 286
Initial Investment: 134K - 277K
Headquarters: Oradell, NJ
Huntington Learning Center

Huntington is one of the most established and well-respected brands in education. Since opening its first location in 1977, Huntington has grown to nearly 300 learning centers nationwide which provide quality instruction to thousands of students grades K-12.
Huntington Learning Centers was started by Dr. Raymond J. Huntington and his wife, Eileen, in 1977. The company began franchising in 1985.Huntington Learning Centers offer instruction in reading, mathematics and study skills, as well as phonics, spelling, vocabulary, writing, algebra, geometry and SAT/ACT exam preparation.

Opening a Tutoring Franchise with Huntington Learning Center

Looking for a new investment opportunity? Why not start a tutoring franchise with Huntington Learning Center? Huntington Learning Center is a well-established education franchise that provides valuable tutoring and test preparation services to K-12 students. Our services are popular in communities everywhere, our students and parents alike are impressed with the results of our one-on-one help.

We opened our business up to franchise investors a number of years ago, and as a result, we’re growing fast! If you’re hoping to start a new business, change your career path, or simply expand your holdings, there’s never been a better time to invest in the tutoring industry by starting an education franchise for sale

A Wide Range of Potential Customers

Our tutoring franchise centers stand out because we offer services to many types of students. Virtually every K-12 student stands to benefit from our tutoring and test preparation services. Students who suffer from disabilities like ADHD will find that our tutors are well-versed in strategies to help them finish their homework, master content, and improve their study skills. Parents of older students are big fans of the insight and preparation we provide for the SAT, ACT, AP, and other important exams. Our tutoring franchises tutor every student in major subjects like math, English, and history, helping them to improve their understanding and strengthen their performance.

As you can see, our kids education franchise has something for everyone! The wide range of potential customers we can help allows our franchisees to access multiple revenue streams.

A Reputation for Results

When you operate under the Huntington Learning Center brand name, you’ll enjoy the benefits of our strong reputation. We’ve established ourselves as a trusted force in the tutoring center because our franchisees get results. On average, our students:

  • Grow 2 grade levels in reading and math
  • See a 5.4-point increase on their ACT score
  • See a 229-point increase on their SAT score
  • Earned a collective $187 million in scholarship offers

The numbers don’t lie. Check out our results page to learn more about how we calculated these figures! Best of all:

  • 98% of parents would refer friends and families to Huntington Learning Center!

One of the most significant benefits of investing in an education business franchise is that you’ll be able to enjoy greater brand recognition than you would as a startup. As you can see, the great work we’ve already done is a great help to new franchisees who are working to establish themselves in their territory.

Now is the Time to Invest in a tutoring franchise

Tutoring companies like Huntington Learning Center are becoming increasingly popular. Parents are willing to invest in their children’s education, and they recognize that our one-on-one services are the perfect way to bolster comprehension, grades, test scores, and opportunities.

Their willingness to invest in these services has led our industry to reach a value of $4.9 billion, with growth projected throughout the foreseeable future. In fact, spending on tutors is growing at more than 5% per year! Best of all, The New York Times aptly noted that the industry seems to be resistant to recession. Regardless of the economy, children still need to attend school, and parents understand that their investment is a worthy one.

To learn more about how to start a tutoring business, check out our industry page!

Supporting Our Franchisees

Even if you have no experience as an entrepreneur or educator, your career experience doesn’t disqualify you from owning a Huntington Learning Center tutoring franchise. We’ve developed a step-by-step path to ownership that includes comprehensive training and support from start to finish.

You’ll spend four weeks in and around our headquarters in Oradell, New Jersey to learn the secrets of our tutoring franchise business model. We’ll teach you just about everything you need to know to run your center, including how to find well-qualified tutors, implementing targeted ad campaigns, signing new customers, and more. We’ll even help you with many of your pre-opening tasks like finding the perfect location.

After your grand opening, we’ll continue to provide you with support in the form of guidance and coaching, ongoing education, and a number of resources that make it easy for you starting a tutoring business and find answers to common questions.

 


2323 Clear Lake City Blvd.
Houston, Texas 77062
United States
First name *

Last name *

Your phone

Your email *

Your message *

Send me more information from these Trusted Sources:

Benetrends FinancialFunding your business. Fueling your growth.

FranFundGet the funding you need for your franchise from an experienced financial partner.

Live Oak BankGet Funding from our trusted financial partners




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