百大连锁店-Rank no.424 – 新移民致富之路

百大连锁店-Rank no.424 – 新移民致富之路


Rank no.424 – Summit Learning Services Inc. – US

Summit

 

Products & Services: Tutoring/learning services

Number of Locations: 33

Total Investment: $32.99K – 46.99K

Founded: 2007

Began Franchising: 2009

About Summit Learning Services Inc.

After previously starting two successful temporary-staffing companies, Ed Cwieka next set his sights on the learning-services industry. He teamed up with Jeanee Thompson, a third-grade teacher and part-time tutor, and together they opened the first Summit Learning Services in 2007 in Plantation, Florida. Summit Learning Services franchises offer both in-home and center-based tutoring services, and all tutors are state-licensed teachers.

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Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Startup Costs, Ongoing Fees and Financing

Total Investment: $32,995 – $46,995
Franchise Fee: $24,995
Ongoing Royalty Fee: 14%
Term of Franchise Agreement: 5 years, renewable
FINANCIAL REQUIREMENTS
Net Worth: $50,000
Liquid Cash Available: $30,000
OPERATIONS
Franchise can be run from home. 25% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 2. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).

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How This Franchise Supports Franchisees

Training: Available at headquarters: 2 weeks.
Ongoing Support: Toll-free phone line, Internet, Purchasing cooperatives, Lease Negotiation
Marketing Support: Co-op advertising,
Franchise Ranking History

Franchise 500®: #424 (2013),
Low-Cost: #77 (2013),
Top New: #36 (2013),

About Us

In June 2006, Ed Cwieka was looking for a new challenge. Just 13 years earlier and armed with an M.S. Degree from FIU, he founded 2 successful temporary staffing companies. Ed started both companies by drawing from personal credit cards for start up capital. Within 2-3 years, he developed them each into multi-unit, multi-million dollar operations. An admirer of educators and the education field in general, Ed sold both of his companies and began looking into the learning services field.

Jeanee Thompson was teaching 3rd grade in the Miami-Dade County Public School system. She was well trained, with an M.Ed in reading and language arts from Grand Valley State University. In addition to her classroom positon, Jeanee worked part time at a local Sylvan Learning Center® as well as a Huntington Learning Center®. Both paid her $10/hr, far below what a teacher of her training and degree should make. She also noticed her collleagues were mostly college students and some with no formal teaching experience. More importantly, she did not get to meet with or talk to the parents of the students she tutored, nor did she see the gains the companies promised. A chance meeting brought Ed and Jeanee together. They discussed how they could take their past experiences and build a company that was different than what was currently serving the learning services market. It was the beginning of what soon would become the fastest growing tutoring company in the USA.

About Summit Learning Services
Ed & Jeanee leased 1000 square feet of Class “B" office space and began Summit Learning Services in January, 2007. Starting out with 1 student, they quickly grew to 150 private paying students in 3 months. Soon, the name Summit Learning Services became synonymous with quality tutoring in the South Florida area. By placing strong emphasis on the background and training of the tutor as well as expert curriculum, Summit Learning Services started separating itself from the rest of the learning services industry.

In just over 3 years, Summit Learning Services is now franchising in multiple states and is on track to open 150+ units in the next 2-3 years. Their sales and net income figures have doubled and even tripled each and every year. Summit is now explorng other educational endeavors including charter and private schools as well as preschool/VPK and aftercare services.

Franchise Information

Summit Learning Services is the fastest growing tutoring company in the USA. Our business model, curriculum and teaching methods are tops in the industry. Summit Learning Services has been named one of the top companies of its kind by leading educational consultants. Since we began tutoring in January 2007, we have helped thousands of students reach their academic goals. Our strict policy of only hiring formally trained, engaging, state licensed teachers and paying them the highest wages in the industry has set us apart from the field. Simply put, almost every other tutoring company pays tutors around $10/hr. We feel that is an insult to the teaching profession. Your skills are worth more than that!

When we developed our franchise model, some experts said “it will never work; teachers cannot learn to run a business." Well, we proved them wrong. In 4 months in 2009, we sold 20 units to working educators. The rest is history. We quickly expanded into multiple states with franchised offices, all owned by educators. In short, there is not a higher quality, more affordable learning center franchise program in the country. We have also developed a program for non-educators to become franchise owners as well.
Each and every one of our competitors currently franchising are selling units that can take several years for the franchisee to recoup their initial investment and start up costs. We are proud to say 90% of all Summit franchised units take an average of 2-3 months in operation to recoup these same costs. What does that mean? Summit Learning Services allows you to own & operate a profitable learning center in a shorter period of time than any other learning services company in America!

Source:http://www.summitlearning.net