- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$52K - $77K
- Units as of 2016
-
23
Company Overview
About Above Grade Level In-Home Tutoring
| Industry | Children's Businesses |
|---|---|
| Related Categories | Tutoring |
| Founded | 2009 |
| Leadership | Daniel Herrick, CEO |
| Corporate Address |
42 E. Main St., #302 Freehold, NJ 07728 |
| Social |
Business Overview
| Franchising Since | 2009 (15 years) |
|---|---|
| # of employees at HQ | 5 |
| Where seeking |
This company is offering new franchises worldwide. This company is offering new franchises in the following US states: |
| # of Units | 23 (as of 2016) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Above Grade Level In-Home Tutoring franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
|
Initial Franchise Fee
|
$34,900 - $49,900 |
|---|---|
|
Initial Investment
|
$51,665 - $76,995 |
|
Net Worth Requirement
|
$100,000 |
|
Cash Requirement
|
$35,000 |
|
Veteran Incentives
|
10% off franchise fee |
|
Royalty Fee
|
7% |
|
Ad Royalty Fee
|
2% |
|
Term of Agreement
|
7 years |
| Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
| Third Party Financing | Above Grade Level In-Home Tutoring has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll |
|---|
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
| On-The-Job Training | 13 days |
|---|---|
| Classroom Training | 2 days |
| Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
|
| Marketing Support |
Co-op Advertising
Ad Templates
National Media
Regional Advertising
|
Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | Yes |
|---|---|
|
Can this franchise be run from home/mobile unit?
|
Yes |
|
Can this franchise be run part time?
|
No |
| # of employees required to run | 6-8 |
|
Are exclusive territories available?
|
Yes |
Franchise 500 Ranking History
Compare where Above Grade Level In-Home Tutoring landed on this year's Franchise 500 Ranking versus previous years.
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