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Home > Franchises > Sylvan Learning Centers
Sylvan Learning Centers
A franchise agreement takes place when the concerned parties involved are bound together through certain contractual provisions. This is an arrangement whereby someone with an idea for a business, the franchisor, sells to another person the franchisee the rights to use the business's name, sell a product, or provide a service to someone else. A franchise agreement will usually specify the given territory the franchisee retains exclusive control over the area protection, as well as the extent to which the franchisee will be supported by the franchisor.
Based in Baltimore, Sylvan Learning Centers was established 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. Today, there are over 1,000 Sylvan Learning Centers in the United States and Canada. Sylvan Learning Centers is owned by Educate, Incorporation, a company devoted to serving the needs of the K12 marketplace.
Sylvan franchise opportunities are currently available in the United States and Canada. and challenges that await you as a franchise owner with Sylvan, the world's leader in supplemental education. Every day, thousands of students take the first step to realizing their dreams with the help of Sylvan. And every day, people like you take the first step toward realizing their dream of owning their own business and making positive contributions to the world.
Their costs and fees are total investment is 179000 to 297000 dollars, franchise fee is 40000 to 48000 dollars, ongoing royalty fee is 8 to 9 percent, term of agreement is 10 years and renewal fee is 1000 dollars. They rankings in entrepreneur magazine 2002 to 2006 franchise 500 rank 39 in 2006, 51 in 2005, 46 in 2004, 52 in 2003, 45 in 2002 and fastest growing franchises 18 in 2006, 71 in 2004, 72 in 2002.
Their network is over 900 Centers, in business since 1979, franchising since 1980. Comprehensive franchisee and staff training at corporate headquarters and locally, including initial training, regional meetings and annual conference. They have successful background in sales, marketing, management, and education. Strong desire to build successful business that serves vital need in community. Intimate knowledge of local market.
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