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Updated RecentlyHuntington Learning Centers vs TCYonline.com Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Huntington Learning Centers vs TCYonline.com including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $133,458 - $276,669 | $2,499 - And Up |
| Franchise Fee | $28,000 | $2,499 |
| Royalty Fee | 9.5% | - |
| Advertising Fee | 2% | - |
| Year Founded | 1977 | - |
| Year Franchised | 1985 | - |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | up to $20K | - |
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/No |
| Start-up Costs | Yes/Yes | No/No |
| Equipment | Yes/Yes | No/No |
| Inventory | Yes/Yes | No/No |
| Receivables | Yes/Yes | No/No |
| Payroll | Yes/Yes | No/No |
Training & Support |
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| Training | On-The-Job Training: 16 hours Classroom Training: 155 hours Additional Training: At franchisee's location and online | Support/Training Available |
| Support | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives | - |
| Marketing | Co-op advertising, Ad slicks, National media | - |
| Operations |
Franchisees required to buy multiple units/master licenses; 35% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)
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Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | - |
| International Expansion | No | Yes |
Company Overviews
About Huntington Learning Centers
Join The #1 Revenue Producing Tutoring Franchise.
Huntington Learning Center was established in 1977 and started diversifying in 1985. Today we work almost 300 focuses in 38 states across the nation. We are perceived as a pioneer and pioneer in the establishment mentoring industry, giving quality guideline to a huge number of understudies through our national system of diversified and organization claimed coaching focuses.
The originators, Dr. Raymond and Mrs. Eileen Huntington are still effectively required in the business, and our main goal continues as before as in the year it began: "To Give Every Student The Best Education Possible."
We take extraordinary pride in our notoriety for quality coaching, and in the trust and regard we have picked up from guardians and teachers alike. We are "Your Tutoring Solution" for understudies in all evaluations and subjects.
Veteran Incentives 50% off franchise fee
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#60 in Franchise 500 for 2021.
About TCYonline.com
TCYonline.com, an online initiative of Top Careers & You (TCY), was founded in 1998. With its student-centric approach, it is helping thousands of K-12 students attain academic excellence. The company specializes in online supplemental education programs including live tutoring, online homework help and standardized test preparation. Backed by over a decade of classroom teaching experience, along with its technology and methodology, TCYonline.com provides students with the ability to learn at the place and pace they choose. TCYonline.com also offers prospective business owners the opportunity to join the flourishing online tutoring industry. Capitalize on The Tremendous Demand For Supplemental Education Services. Online tutoring, today's hottest business idea is estimated to soon surpass classroom instruction. TCYonline.com offers you its fastest growing affiliate network with 'low-Investment' and a 'work-from-home' business opportunity. Our unique business model allows you to dedicate your resources to promoting your business. All academic activities are taken care of by the TCYonline.com team, which keeps your overhead significantly low. Our Complete System Gets You Into Business Quickly and Easily. TCYonline.com provides on-going support to their business associates to ensure that the business is up and running quickly and efficiently. You'll benefit from: * Low investment opportunity * Exclusive territories * Work-from-home business * Ongoing marketing support & training The Convenience and Effectiveness of Online Tutoring Appeals to a Vast Audience. Your clients will enjoy the convenience and educational gains that online tutoring provides. Salient tutoring features: * Real time one-on-one live tutoring on the Whiteboard * State-aligned curriculum, assessments and tutoring plans * Highly cost-effective with unlimited tutoring plans * 24/7 tutoring from the comfort of the home * No more driving to and from tutoring centers