Success in life combines the level of education, technical and nontechnical skills and attitudes of a human being. Among thousands of organizations providing several curriculums for developing these qualities the Sylvan Learning is a famous name. It is a strong platform where the students actually experience the thrill of learning. With the growing need for such institutions it is beneficial to buy a Sylvan Learning franchise and help students of all ages to fine tune their skills.

Background Of Sylvan Franchise

The company was established way back in 1979 in Portland. From the year 1980 it started franchising and currently has centers in Asia and North America. It is a publicly held company having 97 employees. For the franchise department the employee strength is 32. According to the recent data for the year 2009 the number of U.S. franchises is 851 and that of Canadian franchises is 92. In addition to this, there are 85 more in various locations owned by the company itself.

Required Fees And Costs

The estimated investment required for setting up the entire business varies between $179,069 and $305,090. Regarding the fee to be incurred, ranges from $42,000 to $48,000 and the ongoing royalty is approximately 8 to 9%. Coming to the net worth and the cash liquidity amount, it is $150,000 and $75,000 respectively. The franchisor offers various financing facility. Both for the in-house and the third party business pattern the franchisor offers the equipment cost, startup cost, cost of inventory and also the accounts receivable costs. However, the payroll costs are not borne by the company.

Desired Qualifications

The most essential qualification for having a Sylvan franchise is the urge of providing efficient programs to develop various skills of the students. Beside this, good academic background, marketing experience and experience on the particular industry type are also needed.

Training And Support

The Sylvan Learning provides extensive training programs at headquarters and also at the franchise locations. The headquarter training usually runs for 1 week. Franchises situated in the regional locations are offered training for 5 days. The company offers the described training completely free of cost. However, costs like staying in hotels and travelling has to be borne by the franchisee himself. The company generally has two types of support patterns, ongoing and marketing. Coming to the ongoing support facilities catered by Sylvan there are many. Such support includes opportunity for grand opening, having frequent meetings, facility of toll free phone lines, connection of internet and the most importantly concept of field operations and evaluation of the same. Regarding support for marketing, it essentially includes concept of co operative advertising, benefit of National media and ad slicks.

Territory And Agreement Period

The territory of the franchise may be classified as Territory A and Territory B. For category A the number of school students between the age group of 5 to 19 should vary between 18,000 and 30,000. While for B, this number ranges from 8,000 to 18,000. Sylvan offers an initial agreement term of 10 years which can be renewed at the end of the specified period.