We grant franchises for the operation of a business that provides advice, guidance and training to high school students and their parents in preparing for, selecting, applying to, and paying for college under the "Class 101" and "College Finance and Planning" trademarks and system of operating procedures
Company Background
Class 101 is the leading provider of college guidance and education services. We provide franchisees with a proven system for running their business, including training in how to develop relationships with high school students and their parents, developing profiles of each student's skillsets, financial needs, personality traits and academic temperament to help them choose the right college. Class 101 has helped families save millions on tuition by providing advice on which colleges are the best fit for their child. College Finance & Planning helps students find scholarships that match not only what they want but also what they need most.
Franchise Opportunity
The cost of college has increased at a faster rate than inflation for over 40 years. In fact, the average cost of tuition and fees for one year at public four-year institutions is $9,650 and $32,300 for private schools. With costs rising so quickly it's difficult to know how to pay for college without going into debt or taking out student loans that you may not be able to afford later on in life. Class 101 offers students and their parents a comprehensive financial planning system that can help them save thousands of dollars per year by providing advice on choosing the right school, applying for scholarships, avoiding unnecessary courses or majors while still maintaining a well-rounded education as well as financing options including grants and low interest loans. All this information is provided through our step by step class curriculum which we provide both online and in person with live instructors in local high schools throughout the United States.
Corporate Structure
Class 101, Inc. is a Kentucky corporation that was formed in Kentucky on June 5, 2007. They do business under the names “Class 101” and “College Finance & Planning”. Their principal business address is 245 Regency Circle, Lexington, Kentucky 40503. They have offered Class 101 franchises since June, 2007.
Earnings Transparency
7 /10
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry
Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet
How much investment do I need to start my own Class 101 business?
Franchisees typically require at least $69 to $108 investment to get their Class 101 business started
What are the initial franchise fees for Class 101?
Franchisees typically need to pay at least $49 in fees directly to Class 101 in order to earn the right to launch their business
How much money can I make with a Class 101 franchise? What are
the average revenues for a typical Class 101 business?
We estimate that the average revenue of an individual
Class 101 unit is approximately
$84,087. We based this on Item 19 in franchise disclosure
document
How long do I need to commit to running a Class 101 unit? What
is my contractual commitment?
Class 101 franchisees are typically required to sign up to a
10 year contract initially. The renewal length
is 10 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
8 /10
The Franchisor's investment costs ranges from
$69,900 to $108,900
which is
Much Lower
than the $0 to $0 average in the Education industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
Franchises in the Same Industry
Popular Franchises
Is this your Franchise?
Update your profile with photos, videos, useful information, and start connecting with prospective franchisees today