SAT Test Prep Franchises – What You Need To Know

If you’re looking to start a new journey into business ownership and you want something that has high ROI and makes a large impact, SAT prep franchises and learning center franchises may be something to consider. 

As a child, what did your parents want for you? To do well in school and go on to college or do other great things. Well, that is no different now than it was back then. 

Now more than ever, especially after the pandemic, parents are doing whatever it takes to get their children ready for the future. Being out of school and away from teachers for almost two years was a struggle for many and stifled the learning process. 

Now, as parents are looking to get their children back on track, it’s the perfect time to look into this industry. 

Let’s take a look at this type of business model and see if it fits the type of business you’re looking for. 

Owning An SAT Test Prep Franchise

When considering what type of business to open, you want to look at all the information available to you to help you make the most educated decision possible. 

Here are a few of the most frequently asked questions we get about choosing an SAT prep franchise. 

Do I have to be an educator? 

The simple answer is no. You do not have to be an educator, but we strongly recommend that you have some interest in education and shaping young minds. 

You’ll hire teachers and tutors to do the groundwork, and you’ll act as the supervisor, but to truly make an impact, you need to have a passion for what you do. 

Would it be better to start my own center or to franchise?

Here at MVision Franchise, we trust the models of franchise businesses. We believe that franchising can lead to more growth and success overall compared to starting your business from the ground up. 

Think of it this way- if you were in a race, wouldn’t you want to begin at the halfway mark instead of the starting line? That’s how franchises work. There is already a set and structured business model and plans for everything you need. You’re being given the map to the treasure AND guided to it. Sure, it will take hard work to get there, but it’s worth it. 

Are these businesses still relevant?

Brick and mortar tutoring and SAT prep franchises are extremely relevant, especially when everything was virtual for two years during the pandemic. The industry, as of now, is a multi-billion dollar industry and is projected to continue growing well after 2027. The great thing about the SAT prep industry is that online learning and tutoring aren’t included in the industry. Those statistics are just for those who offer in-person or a hybrid model of tutoring. 

How much will it cost to own an SAT prep franchise?

If you’re looking into this industry, you’ll be happy to know that it is relatively affordable compared to other sectors. 

You’ll need anywhere from $120,00 to $250,000 to start. It varies depending on which business you franchise from (Kumon, Sylvan, etc.), where your business is located, and the size of the business. 

We can help you figure out all of the details once you decide this is the direction you want to pursue. You can read more about start-up costs in our article, “How much should I expect to pay for a franchise?”

Let MVision Franchise Be Your Guide To SAT Prep Franchise Ownership

Our mission is to help those looking to become business owners succeed and thrive. Dr. Marc Camras, founder of MVision Franchise, has helped hundreds of entrepreneurs successfully buy and run their own franchises. He has accumulated the largest network of franchises and start-up concepts to choose from. With MVision; the sky’s the limit. 

To learn more about Marc Camras and how we can help you start in the right direction to becoming an SAT prep franchise owner, schedule a call today!