Athena Learning Centers
Tutoring- 2023 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$75K - $151K
- Units as of 2015
-
10
Company Overview
About Athena Learning Centers
Industry | Children's Businesses |
---|---|
Related Categories | Tutoring |
Founded | 2011 |
Parent Company | Athena North America, LLC |
Leadership | Mark Mele, Founder and CEO |
Corporate Address |
103 Carnegie Center, #300 Princeton, NJ 08540 |
Social | Facebook, Twitter |
Business Overview
Franchising Since | 2012 (11 years) |
---|---|
# of employees at HQ | 2 |
# of Units | 10 (as of 2015) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Athena Learning Centers 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
|
$2,500 - $30,000 |
---|---|
Initial Investment
|
$75,188 - $150,763 |
Net Worth Requirement
|
$10,000 - $300,000 |
Cash Requirement
|
$10,000 |
Veteran Incentives
|
10% off franchise fee |
Royalty Fee
|
7% |
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 | Athena Learning Centers has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll |
---|
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 | 2 weeks |
---|---|
Classroom Training | 1 week |
Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
|
Marketing Support |
Regional Advertising
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | Yes |
---|---|
Can this franchise be run from home/mobile unit?
|
Yes |
Can this franchise be run part time?
|
No |
Are exclusive territories available?
|
Yes |
Interested in ownership opportunities like Athena Learning Centers? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where Athena Learning Centers landed on this year's Franchise 500 Ranking versus previous years.
Sign Up for Our Franchise Newsletter
Stay up to date on the latest news and trends affecting the franchise industry.
Related Franchises
Are you eager to see what else is out there? Browse franchises that are similar to Athena Learning Centers.
Related Franchise Content
Catch up on the latest franchise news, trends, and more.
Want to Own Many Businesses? These Are the Best 150 Franchises for Multi-Unit Owners.
For franchisees who want to build their own empire, this is the way to go.
These Are the Top Franchises in 152 Different Industries
If you're looking to buy a franchise, these are the "best of the best."
How to Measure Franchise Success With Comparative Testing
This simple task is imperative for decision-making and business growth.
Jersey Mike's Grew From a Seaside Deli to a Franchise Giant, and Never Lost Its Charm. This Is How, Its Founder Says.
The inside story of how a New Jersey mom and pop shop stayed small, even as it expanded to over 2,500 locations.
For the Stottlemyres, Franchising — Like Baseball — Is a Family Business
Todd Stottlemyre grew up in a baseball family, pitching in the Major Leagues like his father and brother. Now, as Koibito Poké franchisor, his daughter is following in his business footsteps.
A Guide to Franchising for Retireees and Seniors
Whether it's in-home care, fitness or food services, find a franchise that aligns with your interests and retirement goals.