Sylvan Learning Centers vs The Honors Learning Center Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Sylvan Learning Centers vs The Honors Learning Center including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Sylvan Learning Centers Franchise
The Honors Learning Center Franchise
Investment $70,270 - $163,625$64,500 - $68,700
Franchise Fee $24,000$25,000
Royalty Fee 16%$2.5K/mo.
Advertising Fee --
Year Founded 19791987
Year Franchised 19801991
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee $1K-


Business Experience Requirements

 
Sylvan Learning Centers Franchise
The Honors Learning Center Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • Education background preferred but not required

  • Marketing skills
  • Degree in education

  • Financing Options

     
    Sylvan Learning Centers Franchise
    The Honors Learning Center Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/No
    Start-up Costs No/YesNo/No
    Equipment No/YesNo/No
    Inventory No/YesNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support

     
    Sylvan Learning Centers Franchise
    The Honors Learning Center Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluationsNewsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
    Marketing Co-op advertising, Ad slicks, National mediaAd slicks
    Operations 41% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 2 - 4

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    0% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 10

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)


    Expansion Plans

     
    Sylvan Learning Centers Franchise
    The Honors Learning Center Franchise
    US Expansion -Yes
    Canada Expansion NoNo
    International Expansion YesNo

    Company Overviews

    About Sylvan Learning Centers

    Based in Baltimore, Sylvan Learning Centers was founded in Portland, Oregon, in 1979 to provide personalized instructional services to students of all ages and skill levels. Sylvan has been franchising since 1980 and has learning centers in North America and Asia.

    *Royalty includes monthly royalty; national advertising; mandatory assessment fees; SylvanSync server, support, and ongoing educational program updates; initial franchisee training; online staffing training.

    For more information, see our Franchise Disclosure Document.

    "Top
    #123 in Canada's Top franchises.
    #252 in Franchise 500 for 2020.

    About The Honors Learning Center

    Sharee and Gary Miller started The Honors Learning Center as an individualized academic program. The centers' goal is to improve comprehension skills for each student by one full grade level after 36 hours of instruction. For every year since 1987, Honors students have averaged a gain of two full grade levels.

    Honors franchisees must have current state teaching certification.