Franchise Database (Updated ) | FranChimp

Reading Town

Good Servant, Inc.

Company Information

44-07 Little Neck Parkway Little Neck, NY 11363

[email protected]

Under the franchise we offer, you will operate a business that offers tutonng and learning center services in reading, writing, math, and speech In addition, you will conduct diagnostic assessments and provide academic counseling to parents as well as to students You will provide these services to students from K to 12*^ grades, operating under the marks and using the System of Reading Town The market for your services is pnmarily students from K to 12''' grades and specifically that segment that seeks academic tutoring in reading, writing, math, and speech You will compete with other national, regional and local tutoring or learning centers, generally in well-developed markets Your Licensed Business may operate in close proximity to major competitors Some competitors will offer many goods and services that are the same as or similar to those you offer We have three corporate-owned centers and eighteen franchisee centers

FDD Effective Date Action

Franchise Rating

Franchimp Summary Rating

3/10

Investment Accessibility

3/10

Franchise System Development

Year Units at Start of Year Units Opened Units Terminated Non-Renewals Re-Acquired by Franchisor Ceased Operations Units at End of Year

Distribution of Reading Town Franchisee

Employee Contact Database

# Name Position Email Phone

Summary of Investment Costs

Upfront Franchise Fees

Minimum: $25,000 Maximum: $35,000

Upfront franchise fees are the one-time payments required to secure rights to operate under an established brand, typically ranging from $20,000 to $100,000+ depending on brand value.

These fees grant access to proprietary business systems, training programs, intellectual property rights, and often territorial exclusivity—essentially purchasing the blueprint for a proven business model.

While separate from ongoing royalties, investors should evaluate these fees against expected returns, comparing fee-to-earnings ratios across opportunities and assessing how effectively franchisors reinvest these funds into system improvements.

Total Investment Costs

Minimum: $99,500 Maximum: $163,600

Ongoing Fees

Ongoing franchise fees, typically structured as royalties ranging from 4-8% of gross sales, represent the continuous payments franchisees make to maintain brand affiliation and support services.

These recurring fees fund the franchisor's operational assistance, marketing initiatives, technology updates, and continued brand development—creating a partnership where the franchisor's revenue grows alongside the franchisee's success. In addition to royalties, franchisees often contribute to national advertising funds (usually 1-3% of sales) and may incur technology fees, supply chain markups, or renewal fees depending on the franchise agreement.

Investors should carefully analyze these ongoing costs within their financial projections, as they directly impact profit margins and cash flow throughout the entire franchise relationship.

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