Question 1

How many Prep Academy Tutors franchise locations are there?

Accepted Answer

Prep Academy Tutors currently has 16 total units, including 16 franchised locations and 0 company-owned locations.

Question 2

Is the Prep Academy Tutors franchise system growing or shrinking?

Accepted Answer

Prep Academy Tutors has experienced positive net growth of +77.8% over the past year, with a 3-year compound annual growth rate (CAGR) of +152.0%.

Question 3

What is the franchise vs. company-owned ratio for Prep Academy Tutors?

Accepted Answer

Prep Academy Tutors has a franchise ratio of 100%, meaning 100% of all units are franchisee-owned. This is a heavily franchised system.

Question 4

How many Prep Academy Tutors franchise units have opened and closed recently?

Accepted Answer

In the most recent reporting year (2024), Prep Academy Tutors had 8 units opened and 1 units closed.