Sylvan Learning has entered into an aggressive re-franchising of its learning centers, which is aimed at increasing access for parents.
Sylvan, which provides in-center and online private tutoring to students, on Tuesday unveiled a plan to make more than 400 centers and “territories” available across the country for franchise ownership, including 25 centers and territories in the Dallas-Fort Worth area.
Sylvan, which posts about $500 million in systemwide revenue each year, operates between 1,140 and 1,150 learning centers across the country. Of those, 250 are corporately owned centers. The company within the last year has looked at areas where it could add 200 additional centers, Peter Cohen, president and CEO of Sylvan, said in a teleconference with reporters Tuesday.
Sylvan To Expand Footprint