Class 101 Is on Track to Open 25 New Franchises This Year
Pioneer college planning franchise plans 100 locations by 2020
Not yet halfway through the year, and Class 101 college planning franchise is on track to open 25 new locations. We enjoyed record-breaking sales in 2016 and see that demand for our services is only getting greater. There’s never been a better time to join Class 101 as we plan explosive growth for our college planning franchise in 2017 and beyond.
“North, South, East and West — we’re looking at all areas of the country for expansion this year, with primary focus on the Atlanta and Chicago areas, Texas and Ohio,” says Tom Pabin, founder and CEO of Class 101. “We know there’s great opportunity anywhere there are families who are sending their kids to college. The demand for our services is only going to increase as more and more time-strapped and stressed-out families struggle to navigate the college application process with their kids.”
Class 101 college planning franchise helps families pay for college
The concept is simple. We help high school students get into better colleges and qualify for higher amounts of scholarship and financial aid. We address a common problem that millions of high school students and their families face year after year: the college application process, navigating federal applications, and finding the right fit for college. Each and every one of those high school seniors represents a potential Class 101 client.
We were pioneers in this industry and as first-to-market, Class 101 is poised to become the premier resource for college planning services. We’re looking to partner with people who want to join our rise to the top, as we help high school students and their families prepare for the next chapters of their lives. The market is almost unlimited with little to no competition in most towns.
“It’s a very exciting time for our family of franchisees at Class 101,” says Tom. “As word spreads about our success rate, more and more families are signing up for our services, fueling our record growth last year and positioning us for explosive expansion this year on into the years to come. One hundred new locations by 2020 is an achievable goal for us.”
A typical Class 101 territory has a population of about 250,000 with eight high schools — comprised of 14,000 total high school students. Of this high school population about 3,500 are seniors. A Class 101 franchise can be successful with a 1% penetration rate. In areas we target, there is plenty of population density and growth to accommodate multiple locations in the same market.
“There is a tremendous market for the services Class 101 provides. Most people, upon hearing about our services, hire us on the spot,” says Winni Van Gessel, Class 101 college planning franchise owner in Lexington, Kentucky. “I make more money than I did, I work fewer hours than before and I’m happier. The success rate among my colleagues is also high.”
Join Class 101 college planning franchise
The initial investment to begin a Class 101 franchise is $40,400. There is potential for high revenue from day one and several of our franchisees have surpassed the $100,000 revenue mark in their first or second year. The average gross sales for our top 5 franchises in 2015, according to our most recent FDD, was $137,000.
There’s never been a better time to join Class 101 college planning franchise. We’re enjoying unprecedented growth and expansion and are looking for new franchise owners who are passionate about helping young people.