Sylvan Learning Center has been on the fore front in the education industry for a long time, providing innovative educational services to its clients. With the current interest in holistic education and with parents looking to build a solid future for their children, investing in the market can be profitable for you too. However, parents are looking for the credibility that Sylvan Learning Center franchises have, wanting only the best for their kids. Sylvan Learning Center is a name that is synonymous with quality and its fantastic franchise opportunities would surely interest any potential business owner.
Before investing, you would want to research the tutoring market and how much your venture can really earn. So, let us take a look at some industry predictions. The tutoring industry is currently a $4 billion dollar market, showing indications of nearly 5% annual growth within the next couple of years. That is not quite as good as the tech startup market, but it is certainly impressive in its own right. Next, the industry is evolving as tutoring companies integrate technology into their services, making learning easier and more accessible. Lastly, educational franchises, in general, have seen increased interest for adult educational services. Considering all of this, the education industry looks profitable for credible franchises.
Sylvan Learning Center Costs
Buying a Sylvan franchise is a great opportunity to enter into the education industry. A Sylvan franchise offers you a trusted brand and instant credibility. Secondly, the Sylvan Tutoring Center franchise company has fantastic support and training for franchise owners. With their support and proven business model, a new franchise has a solid chance of success. Moreover, the company has its own Sylvan University to teach franchise owners everything they need to know. Although the cost of opening a Sylvan Tutoring Center is between $159,291 to $282,213, the profits can be well worth the investment. Like most other franchises, there is a minimum net worth of $250,000 and cash on hand required. Surely, these benefits and requirements speak volumes for starting a Sylvan tutoring franchise.
Sylvan Learning Franchise
The Sylvan learning franchise has a unique tutoring model. While the tutoring sessions are done in small groups, each student also receives individual attention. This hybrid teach model can be leveraged by franchisees to service their local area. Furthermore, the company provides resources to ensure that the tutoring business is done at a high level, ensuring a quality experience for anyone learning at their centers. That is why this may just be a more lucrative opportunity than opening your own spa business.
Sylvan Brand Recognition
One of the largest benefits of opening a Sylvan Learning Center franchise is the brand recognition it provides. Sylvan Learning franchises experience the advantages of a 94% brand awareness statistic. This is much stronger than any other educational franchise or tutoring franchise. In fact, it is the strongest in the entire tutoring industry. If you want to open a business that customers know they can trust, consider becoming a Sylvan Learning Center franchisee.
Overall, Sylvan Learning Centers do cost a lot to open. But, they are a great opportunity to get into the education and tutoring industries without having to worry about how to invent something. As the torturing franchise continues to offer better services, you will have the chance to partner in their success. But first, you will have to apply to start a Sylvan Tutoring Center franchise yourself.
Image from http://www.bizjournals.com/baltimore/news/2013/08/02/sylvan-learning-sheds-brick-and-mortar.html