Many students today are far below their grade level. A learning center presents a great opportunity, as more parents are searching for solutions. Opening a PEAC franchisee can make a difference in the lives of students while building a rewarding, recession-proof business for yourself.
The location of a franchise learning center is crucial to its long-term success. With PEAC, you will secure a prime territory in your city, giving you the best chance for success in the long run.
What truly sets us apart is our fees that increase your profitability and chances of success. For example, our monthly royalty fee of $1,495 for 100 students less than half of Kumon or Mathnasium, whose fees are about $4,000 for the same number of students.
PEAC offers the greatest chance to succeed in the franchise education industry. Our comprehensive curricula and assessment tools are unmatched in the industry. We offer personalized study programs that cater to the individual needs of each student.
An education background is not required as most of our franchisees have corporate background. A bachelor's degree as well as a passion for educating children are required.
Each new franchise must go through the two part-training prior to the opening of a center: the curriculum training to be completed at home and the four-day operations training at the PEAC headquarters.
In addition to the initial franchise training, we provide our new franchisees with the Operation Manual and Design Book, which include valuable information on site selection, center design and management, and marketing collateral. A designated franchise manager will help you every step of the way to the grand opening and beyond.
The initial investment, as stated in our Franchise Disclosure Document, ranges from $56,000-$92,000. The investment includes the $12,000 franchise fee. We require a net worth of $100,000 and liquid capital of $60,000.
There is a monthly base fee of $495 plus 7% (or $10) per subject enrolled at the center. With an enrollment 100 subjects, the royalty is $1,495 ($495 + $1,000). It is less than half of what it would be with Kumon ($38 x 100 = $3,800). The monthly tuition for a single subject ranges from $150 to $175.
While it is likely to be full-time work in the beginning, most established franchisees work the afternoon hours. Our minimum center opening requirement is four days per week for at least four hours for a minimum of 16 hours per week.
Students are much more likely to improve their academic performance with PEAC. While our competitors still offer outdated curriculum from decades ago, we offer the most comprehensive, modern curriculum that mirrors what students are learning in school today as well as the objective assessment tool that provides a personalized study program based on individual needs. PEAC offers the most scientific, fail-proof learning system.
I had a successful career as a corporate executive, but I wanted to do something more meaningful. Starting a learning center of my own accomplished that goal, and I am just as successful as I had been as a corporate executive. - Usha (Edison, NJ)
What I like the most about the career change I made from a 9 to 5 job to a learning center owner is the flexibility. It is my own business, so I work just as hard if not harder. But on most days my morning hours are free, and I can also leave the center to take care of my three children if I have to. - Hema (Piscataway, NJ)
I love the PEAC curriculum and the assessment tool. It is the main reason that I chose PEAC. Of course, I like the lower royalties that improve the bottom line. - Nilima (E. Brunswick, NJ)