Sylvan Learning Announces Record Franchise Sales Over Past Two Years; Meets 2009 Goal Of Converting Corporate Centers To Franchise Ownership

PR Newswire:

Sylvan Learning, Inc., North America’s most recognized provider of supplemental education, announced today record franchise sales growth over the past two years. Sylvan’s 2009 franchise sales year was only second to 2008, which experienced 150 percent growth. In addition, 2009 marked the brand’s best international franchise sales year in at least a decade.

Since Jan. 1, 2008, Sylvan Learning has sold 145 domestic franchise territories, including the conversions of over 100 corporate centers to franchise ownership. The conversions in 2009 met the company’s goal of refranchising 40 centers. Franchisees purchased centers and new territories in cities throughout Alabama, Arizona, California, Florida, Georgia, Illinois, Maryland, Missouri, Nevada, New Jersey, Pennsylvania, Texas, Utah and Virginia.

“We are very pleased with the franchise sales growth Sylvan has experienced over the past two years. It is quite an accomplishment given the challenging economy and circumstances many companies have faced,” said Curt Hapward, Sylvan Learning’s vice president of franchising. “The sales results are a true testament to the strength of the Sylvan Learning brand and the confidence both franchisees and the families they serve have in us as the leading provider of supplemental education.”

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