Prep Academy Tutors charges a royalty fee of 8.0% of gross sales (2025 FDD). This ongoing fee is typically paid weekly or monthly to the franchisor for continued use of the brand and support systems.

The total ongoing fee rate for a Prep Academy Tutors franchise is approximately 10.0% of gross sales (2025 FDD). This includes the royalty fee, a 2.0% marketing/advertising fund contribution, a $200/month technology fee, and other recurring charges.

Prep Academy Tutors has been involved in 0 litigation cases over the past 3 years (2025 FDD). There are no class action lawsuits pending.

No, the Prep Academy Tutors franchisor has no bankruptcy filings in their disclosure history (2025 FDD).

Prep Academy Tutors offers exclusive territory rights to its franchisees (2025 FDD). The franchise agreement includes encroachment protection, preventing the franchisor from placing another unit in your territory. Online sales are managed by the franchisor, not individual franchisees.

Prep Academy Tutors currently operates 16 locations (2025 FDD) (16 franchised, 0 company-owned). The system grew by 77.8% over the past year. The 3-year compound annual growth rate is 152.0%.

The 1-year franchisee turnover rate for Prep Academy Tutors is 6.3% (2025 FDD). This includes closures, terminations, non-renewals, and transfers. A lower turnover rate generally indicates higher franchisee satisfaction and system stability.

Prep Academy Tutors does not include an Item 19 financial performance representation in their FDD (2025 FDD). This means the franchisor has chosen not to disclose revenue, profit, or other financial figures in the Franchise Disclosure Document.

The initial franchise agreement term for Prep Academy Tutors is 10 years (2025 FDD). The total potential term is 10 years.

Prep Academy Tutors's post-termination non-compete clause restricts former franchisees from operating a competing business for 2 years within 50 miles of the former location (2025 FDD).

No, Prep Academy Tutors's franchise agreement does not require mandatory arbitration (2025 FDD). Disputes may be resolved through litigation.

Prep Academy Tutors provides 40 hours of initial training over approximately 1 weeks (2025 FDD). The cost of training is covered by the franchisor (travel and lodging are typically the franchisee's responsibility). Ongoing field support is provided on a as-needed basis.

Prep Academy Tutors does not provide site selection assistance (2025 FDD). Franchisees are responsible for finding and securing their own location. The franchisor also provides technology support and systems.