The following summarizes the estimated initial investment for opening a standard Huntington Learning Center. Costs will vary depending upon your center's location, size, leasehold improvements, and other variables.
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Franchise Fee: |
$ |
7,000 |
- |
$ |
7,000 |
|
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Learning Center Operations System:
Huntington's proprietary software.
|
$ |
1,500 |
- |
$ |
5,750 |
|
| |
Equipment:
Office equipment, furniture, computer hardware, architectural design, sign, graphics and tenant improvement.
|
$ |
37,600 |
- |
$ |
128,800 |
|
| |
Inventory:
Educational inventory, office inventory, and consumable supplies.
|
$ |
25,600 |
- |
$ |
25,600 |
|
| |
Opening Advertising: |
$ |
14,250 |
- |
$ |
14,250 |
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| |
Pre-opening Expenses:
Travel and living expenses while training, security and utility deposits, software fees, phone number license, call center, coaching services, attorney, accountant, and other consultant fees.
|
$ |
2,500 |
- |
$ |
25,150 |
|
| |
Additional Expenses:
Recruiting, insurance, payroll, and additional funds for three months.
|
$ |
25,400 |
- |
$ |
39,300 |
|
|
| |
Total Investment:
Financing is available through third-party lenders.
|
$ |
113,850 |
- |
$ |
245,850 |
|
Note: An expanded Huntington Learning Center is available for a total investment of $200,100 - $348,250. The standard Huntington Learning Center has royalty payments of 9%. The expanded Huntington Learning Center has royalty payments of 8%.
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Special Turnkey Offer for the
New York Metro Market.
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