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Below is an in-depth analysis and side-by-side comparison of Sylvan Learning Centers vs College Nannies, Sitters and Tutors including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $70,270 - $163,625 | $105,000 - $158,000 |
Franchise Fee | $24,000 | $45,000 |
Royalty Fee | 16% | 5% |
Advertising Fee | - | 2% |
Year Founded | 1979 | 2001 |
Year Franchised | 1980 | 2005 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
Renewal Fee | $1K | $2K |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | No/Yes |
Start-up Costs | No/Yes | No/Yes |
Equipment | No/Yes | No/Yes |
Inventory | No/Yes | No/Yes |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | - | Classroom Training: 48 hours |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform |
Marketing | Co-op advertising, Ad slicks, National media | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
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) | International franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 2 - 3 Absentee ownership of franchise is NOT allowed. |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | No |
International Expansion | Yes | Yes |
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.