Tutor Time Franchise
Child-care and learning centers
ABC INC
ABC-CO - NASDAQ
+0.25 (+0.20%)
It's time to give yourself permission to build your days around what's important to you! You're in Control!
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How much does it cost to open a Tutor Time Franchise ?
The investment required to open a Tutor Time Franchise is between $355,000 - $2,800,000 . There is an initial franchise fee of $50,000 which grants you the license to run a business under the Tutor Time name.
Individual Franchise Costs
- Initial Investment:
$355,000 - - Initial Franchise Fee:
$50,000 - Royalty Fee:
6% - Term of Agreement:
15 years - Renewal Fee:
$5K
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | No | No |
| Startup Costs | No | Yes |
| Equipment | No | Yes |
| Inventory | No | Yes |
| Accounts Receivable | No | No |
| Payroll | No | No |
Support
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
Marketing
Co-op advertising, Ad slicks, National media, Regional advertising
Tutor Time Growth History
When did the first Tutor Time open? 1988When did Tutor Time start Franchising ? 1990
| Year | U.S.A. | Canada | International | Corporate |
|---|---|---|---|---|
| 2005 | 119 | 0 | 11 | 69 |
| 2004 | 114 | 1 | 11 | 68 |
| 2003 | 123 | 1 | 10 | 63 |
| 2002 | 125 | 1 | 10 | 58 |
| 2001 | 119 | 1 | 4 | 87 |
How much money you could make as a Tutor Time Franchise owner depends on a wide variety of factors. As a business owner, your primary goals are to strive for high sales while keeping your oper_ating costs as low as possible while still maintaining quality products and service. The monthly oper_ating costs that you will incur as a Tutor Time Franchise owner may include royalty fees, rent or mortgage, staffing, products, supplies, utilities, administrative costs and other things. Although your monthly oper_ating costs may vary from month to month, your start up costs are typically fixed and they will cover the majority of your initial oper_ating equipment, signage, and renovations.
Latest News
Tutor Time Adds Portugal Center To Roster
2005-09-15
Tutor Time Learning Centers Awarded Aafd Fair Franchising Seal
2004-12-16
Tutor Time Projects 18 New Centers In First Quarter 2001
2001-03-01
Tutor Time To Open More Overseas Locations In 2000
2000-01-10 View All
Legal Disclaimer: This information is not a franchise offering for Tutor Time and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing an Tutor Time franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.