Sylvan Learning Centers vs TCYonline.com Franchise Comparison

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

Start-Up Costs and Fees

 
Sylvan Learning Centers Franchise
TCYonline.com Franchise
Investment $70,270 - $163,625$2,499 - And Up
Franchise Fee $24,000$2,499
Royalty Fee 16%-
Advertising Fee --
Year Founded 1979-
Year Franchised 1980-
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $1K-


Business Experience Requirements

 
Sylvan Learning Centers Franchise
TCYonline.com Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • Education background preferred but not required
  • -

    Financing Options

     
    Sylvan Learning Centers Franchise
    TCYonline.com 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
    TCYonline.com Franchise
    Training -Support/Training Available
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations-
    Marketing Co-op advertising, Ad slicks, National media-
    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)

    -

    Expansion Plans

     
    Sylvan Learning Centers Franchise
    TCYonline.com Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion YesYes

    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 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