- 2023 Franchise 500 Rank
-
N/RNot ranked last year
- Initial investment
-
$67K - $128K
- Units as of 2019
-
65 91.2% over 3 years
Company Overview
About Best in Class Education Center
Industry | Children's Businesses |
---|---|
Related Categories | Tutoring |
Founded | 1988 |
Parent Company | Edyu (USA) Holding Ltd. |
Leadership | Hao Lam, CEO |
Corporate Address | 2100 E. Spruce St. Seattle, WA 98122 |
Social | Facebook,Twitter,Instagram |
Business Overview
Franchising Since | 2011(12 years) |
---|---|
# of employees at HQ | 9 |
Where seeking | This company is offering new franchisees worldwide. This company is offering new franchisees in the following US states: |
# of Units | 65(as of 2019) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Best in Class Education Center franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee |
$35,000 |
---|---|
Initial Investment |
$67,375 - $127,730 |
Net Worth Requirement |
$100,000 - $150,000 |
Cash Requirement |
$35,000 - $50,000 |
Royalty Fee |
12% |
Ad Royalty Fee |
2% |
Term of Agreement |
5 years |
Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Third Party Financing | 一流的教育中心has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll |
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Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 17 hours |
---|---|
Classroom Training | 26 hours |
Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing Support |
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
---|---|
Can this franchise be run from home/mobile unit? |
No |
Can this franchise be run part time? |
No |
Are exclusive territories available? |
Yes |
Interested in ownership opportunities like Best in Class Education Center? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where Best in Class Education Center landed on this year's Franchise 500 Ranking versus previous years.
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