Rank no.107 – Tutor Doctor – US
Rank no.107 – Tutor Doctor – US
Products & Services: Tutoring services
Number of Locations: 377
Total Investment: $65.5K – 168.69K
Founded: 2000
Began Franchising: 2003
About Tutor Doctor
Tutor Doctor franchises offer in-home, one-on-one tutoring for students from kindergarten through college. Tutors tailor their teaching to each student’s homework and sometimes work collaboratively with the students’ teachers. The Ontario-based company was founded in 2000 and began franchising in 2003.
Franchise Units
YEAR | U.S. | CANADIAN | INTERNATIONAL | COMPANY OWNED |
2013 | 226 | 97 | 53 | 1 |
2012 | 191 | 97 | 35 | 1 |
2011 | 121 | 97 | 20 | 1 |
2010 | 77 | 82 | 16 | 1 |
2009 | 15 | 37 | 3 | 1 |
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Startup Costs, Ongoing Fees and Financing
Total Investment: $65,500 – $168,700
Franchise Fee: $39,700 – $127,700
Ongoing Royalty Fee: 8%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $39,700 – $127,700
Ongoing Royalty Fee: 8%
Term of Franchise Agreement: 10 years, renewable
FINANCIAL REQUIREMENTS
Net Worth: $75,000 – $100,000
Liquid Cash Available: $19,000
OPERATIONS
Franchise can be run from home. Absentee ownership of franchise is NOT allowed..
FINANCING TYPE | IN-HOUSE | THIRD PARTY |
Franchise Fee | ||
Startup Costs | ||
Equipment | ||
Inventory | ||
Accounts Receivable | ||
Payroll |
How This Franchise Supports Franchisees
Training: Available at headquarters: 6 days. E-learning, 40 hours; post-training, 12 weeks
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,
Franchise Ranking History
Franchise 500®: #107 (2013), #142 (2012), #146 (2011), #392 (2010), #492 (2009),
Fastest-Growing: #30 (2013), #33 (2012), #25 (2011), #62 (2010),
Top Home-Based: #19 (2013), #31 (2012), #41 (2011),
America’s Top Global: #79 (2013), #115 (2012), #118 (2011),