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1. The Tutoring Center Franchise Corp
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FRANCHISE OPPORTUNITY
THE TUTORING CENTER ® FRANCHISE OPPORTUNITY
TRENDS & FACTS ABOUT CHILDREN’S FRANCHISES
1. The market for children’s services and products is huge and growing. According to the latest U.S. Census, there are more than 74 million children in the United States (or about 1/4 of the national population). This number is projected to increase to approximately 80.3 million by 2030. 2. Spending on children is also rising. A trend that children's franchise owners often point out is that people are having children later in life, in their 30s as opposed to their 20s. In most cases, older parents are more fi nancially stable, meaning that they have additional money to spend on their children's development. 3. An increase in lifespan is also driving an increase in spending. Grandparents have more years to spend money on their grandchildren. Kids themselves now have more personal money to spend as well. 4. It’s estimated that parents will spend about $170,000 - $400,000 to raise a child from birth to 18 years old (dependent upon income level). Expenses include child care, education, health care, and clothing, housing, food, transportation, and miscellaneous expenses. As a proportion of total child-rearing expenses, housing accounts for the largest share. Child care/education and food are the next largest average expenditures. 5. The New York Times estimates that American families spend over $16 billion in the summer alone on children (activities and child care). FRANCHISE DIRECT/ INDUSTRY / CHILDREN’S FRANCHISE
Education and after-school learning is one of the most important growth industries in the United States. Helping children in your community achieve academic success, motivation, and con fi dence is an incredibly rewarding experience and continues to be one of the most important issues facing our country. The U.S. educational market continues to grow year after year. Tremendous opportunity exists for the private sector to provide outside supplemental services and to take advantage of the growing student population, while at the same time fi nding ways to streamline the inef fi ciency that exists in schools today. THE EDUCATION MARKET The market for supplemental education is growing and growing. The fi nancial opportunity this represents for our Franchisees is very rewarding. If you are considering investing in a franchise, supplemental education is a great option.
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FLEXIBLE HOURS & LIFESTYLE
Great Flexible hours & Lifestyle…you are truly “your own boss”.
Our Franchisees deserve a great lifestyle with plenty of time to spend with family, go on vacations, and enjoy life. [but you have to earn it in the fi rst year] With a Head Instructor “manager” helping you run your business, Centers are open for tutoring Monday to Thursday from 3:30 pm to 7:30 pm. Every weekend is a 3- day weekend, no paperwork or long hours here!! Once you have created a culture of I•QuEST at your Center, this is a business that will truly work for you even if you are not there.
MORGAN STONE (TTC Greenville SC) & WENDY HELMENDACH (TTC Clemson-Seneca SC) MOTHER & DAUGHTER, CELEBRATE AT MORGAN’S GRAND OPENING
MICHAEL MURPHY (TTC Bear DE, TTC Middletown DE) MULTIPLE CENTER OWNER, SHOWS US HIS CATCH OF THE DAY WHILE ON EXTENDED VACATION
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AVERAGE MONTHLY EXPENSES OF A NEWLY OPENED CENTER
BLUE = FIXED EXPENSES TEAL = OPTIONAL
LARGER EXPENSES LEASE PAYMENT
< > $3750
(ON AVERAGE)
ROYALTY
$1,000
(FLAT RATE)
$1,250-$1,500 $500/1 STAFF
(25 HOURS/WEEK)
PAYROLL (HEAD INSTRUCTOR) PAYROLL (OTHER INSTRUCTORS)
ADVERTISING
$500
(AFTER FIRST 90 DAYS)
SMALLER EXPENSES TELEPHONE
$125 $150 $150 $100 $100 $300 $200
UTILITIES
LIABILITY INSURANCE BROADBAND INTERNET TOYS AND AWARDS OFFICE SUPPLIES & INK EDUCATIONAL MATERIALS
(REIMBURSED BY PARENTS)
(REIMBURSED BY PARENTS)
These are only typical expenses for a Franchise that is recently opened, and not a prediction of actual expenses. Your actual expenses may be less than or more than these fi gures and depend on many factors such as but not limited to: location, state and city, number of students, and type of plaza.
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COMFORTABLE BUSINESS MODEL
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ONLINE WELCOME BROCHURE ONLINE BR CHURE WELCO
ONLINE WELCOME BROCHURE ONLINE BR CHURE WELCO
LOCATION INFORMATION
LOCATION, LOCATION, LOCATION
DR.T's Sure Fire Method is The Tutoring Centers® Time-Tested and Proven step-by- step method to ensure Franchisees fi nd an incredible location to operate their business.
1. You will fi nd your location using Dr.T's Sure Fire Method.
910 William D Fitch Parkway COLLEGE STATION, TEXAS 1#%!!##
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2. The Tutoring Center will then approve your location using time- tested criteria. 3. Next, you will negotiate and sign your lease. 4. Then, The Tutoring Center will provide you with your o ffi cial Layout and Design. 5. Finally, you will hire a contractor and build out your location.
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SUBJECT
x Rental Rate: x Min. Divisible:
$25.00/SF/Year
±1,200 SF ±8,917 SF
x Max. Con Ɵ guous:
x Property Type:
Retail
x Property Sub type: x Gross Leasable Area:
Strip Center ±12,267 SF
x Year Built: x NNN Expenses:
2017
$7.50/SF/Year ±1.61 Acres Commercial
x Lot Size: x Zoning:
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