Tutoring Center Startup Costs
Improve the lives of children and adults.
Pay yourself to do it.
Starting your own business is a balance of costs and opportunity. LearningRx franchisees not only have the opportunity to offer life-changing programs, but they also leverage an existing business system that’s been in operation for over 18 years to drive their own level of business success. Like any new business, there are start-up costs required to get your LearningRx center up and running. The initial estimated investment to open a standard LearningRx center is $175,000 and can vary by your local cost of doing business.
See below for a breakdown for our franchise start up costs
|Initial Franchise Fee*||$23,000-$35,000|
|Training and materials fee||$10,000|
|Travel and living expenses while training||$3,000|
|Security deposit, first month’s rent, or real estate & improvements||$8,000-$10,000|
|Furniture and fixtures||$6,000-$10,000|
|Miscellaneous opening costs||$2,000|
|Opening inventory of student supplies||$2,000-$3,000|
|Computer equipment and proprietary software||$4,000-$6,000|
|Additional funds (initial three months)*||$40,000–$61,000|
|Total Estimated Investment**||$125,000-$175,000|
*Lower amounts represented are for a small, or rural sized territories as determined by LearningRx.
**Above amounts are based on a single unit in the USA. Franchising Fees and Total Estimated Investment for one unit in Canada may vary.
How Much Can I Make?
The top 25% of LearningRx centers grossed on average $515,967 in revenue in 2019, and franchisees are excited about how 2021 is looking. Hear from Rich Frieder, LearningRx Franchisee, on the first half of 2021, “I’ve seen a big increase in demand for our services this year. COVID has been so hard on so many students and we are uniquely positioned to help and address the root cause of these struggles. In fact, we have a waiting list at a few of our centers heading into summer. Business is looking good!”
With a solid business model and proven systems, LearningRx offers an exciting opportunity to work for yourself, connect with your community, and share the amazing results of LearningRx programs.