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Creative Tutors



Creative Tutors
6705 Patrick Lane
Plano, TX 75024


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Business Description

While any person is welcome to inquire about the possibility of purchasing a Creative Tutors franchise, in our experience our most successful owners have similar characteristics. EDUCATIONAL BACKGROUND: nearly across the board our most successful owners are those who come from the education field. HIGH SELF ESTEEM: our owners understand the value of hard work and perseverance. They know that starting a business is not as easy as flipping a switch. Diligence, attention to detail, and immunity to rejection are all essential characteristics. HIGH ENERGY/EXCITEMENT: our owners have boundless energy, determination, and exuberance when spreading the word about the value of in home tutoring. BUSINESS ACUMEN: as with any other business opportunity our owners must have a certain amount of business acumen. SECURE PERSONAL FINANCES: we have found that no owner can be successful unless their personal finances are secure.

Franchisor Background

Year Established:  1999

Franchising Since:  2004

Operating Units:

Franchised Units:

8

100%
Company-Owned Units:00%
 
Total Operating Units:
8
100.0%
 
Geographic Distribution:
U.S.:8100%In 3 States
Canada:00%In 0 Canadian Provinces
International:00%In 0 Foreign Countries
 
Total:
8
100.0%
 
 
North America:
States/Provinces with the largest number of operating units:
DensityUnits
1. Texas8

Registered in Following Registration States:

Financial Requirements

Investment:
Minimum Net Worth: $70K
Cash Investment:$35-60K
Total Investment:$35-300K
Average Total Investment:$45K
 
Fees:
Initial Franchise Fee:$12-40K
Average Franchise Fee:$25K
On-Going Royalty:7%
Average Royalty:7%
Advertising Fee:2%
 
Average Number of Employees: 1 Full-time, 0 Part-time

Space Needs (in square footage):

Preferred Sites:

Other Sites:

Encourage Conversions? Not Applicable

Earnings Claims Provided?: No

Franchisee Qualifications
 
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:3
General Business Experience:2
Specific Industry Experience:3
Formal Education:3
Psychological Profile:3
Personal Interview(s):5
 
Terms of Contract
 
Term of Initial Contract:10 Year(s)
Term of Renewal Period:10 Year(s)
Passive Ownership:Allowed, But Discouraged
Area Development Agreements?Yes, for 10 Year(s)
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?No
 
Support and Training
 
International Franchise Association:Yes
Canadian Franchise Association:No
Franchisee Association/Member:No
Size of Corporate Staff: 2
Site Selection Assistance?Yes
Lease Negotiation Assistance?No
Financial Assistance?Yes, Indirect
 
Marketing Support:
Co-Op Advertising:Yes
National Advertising:Yes
Regional Advertising:Yes
Local Advertising:No
Marketing Materials:Ad Slicks, Brochures
Additional Services:Grand Opening, In-house Marketing, Marketing Research, Online Extranet
Other Marketing Support:None Specified
 
On-Going Support:
Central Data Processing:Included in Fees
Central Purchasing:Not Applicable
Field Operation Evaluation:Included in Fees
Field Training:Included in Fees
Initial Store Opening:Included in Fees
Inventory Control:Not Applicable
Franchisee Newsletter:Not Applicable
Regional or National Meetings:Included in Fees
800 Telephone Hotline:Included in Fees
 
Training:
1. Plano, TX2 Days Quarterly
2. Conference CallWeekly
 
Expansion Plans
 
Projected New Units Over Next 12 months: 50

U.S.:

Yes, All United States
Canada:No
Overseas:No
Submit an online form to receive information from Creative Tutors.