About ELITE TUTORING PLACE Franchise
Elite Tutoring Place is an education franchise offering tutoring and academic support services.
Based in Illinois and incorporated in 2015, the company provides franchise opportunities with a fee of $25,000 for entrepreneurs interested in making a difference in student achievement and academic success.
The tutoring franchise model taps into the consistent demand for supplemental education services, serving students who need additional help with coursework, test preparation, and academic skill building.
ELITE TUTORING PLACE Franchise Cost & Fees
Minimum Investment
$47K
Average Investment
$70K
Maximum Investment
$93K
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $25,000 | One-time payment upon signing |
| Royalty Fee | Royalty $300 per month of gross sales | Ongoing; paid monthly |
| Total Investment Range | $46,850 – $92,730 | Includes build-out, inventory, working capital |
The investment range of $47K–$93K reflects variability in build-out costs, store size, lease terms, and market. The ongoing royalty fee is Royalty $300 per month of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee (1) | $25,000 | $25,000 |
| Elite Business Rent (First three months that does not include the Security Deposit) (2) | $0 | $6,000 |
| Rental Security Deposit, Utility Deposits and Business Licenses (3) | $1,000 | $5,000 |
| Elite Business Build-Out (4) | $0 | $25,000 |
| Training Fees and Other Related Expenses (5) | $8,000 | $9,000 |
| Insurance (6) | $350 | $980 |
| Business advisors such as lawyers and accountants (7) | $0 | $1,000 |
| Electronic Equipment (8) | $1,250 | $1,750 |
| Furniture and | $2,500 | $4,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | $7,500 |
| Renewal Fee | $4,000 |
| Audit Fee | Audit costs must be paid to us if you understate your gross sales by 5% or more. |
| Additional Training | $2,500 |
| Interest | Lesser of 1.5% per month or highest rate of interest allowable by law. |
| Relocation Fee | $1,000 |
| Elite Business Rent (First three months that does not include the Security Depos | $0 |
| Rental Security Deposit, Utility Deposits and Business Licenses (3) | $1,000 |
| Elite Business Build-Out (4) | $0 |
| Training Fees and Other Related Expenses (5) | $8,000 |
| Insurance (6) | $350 |
| Business advisors such as lawyers and accountants (7) | $0 |
| Electronic Equipment (8) | $1,250 |
| Furniture and | $2,500 |
| Signage (10) | $750 |
| Materials and Supplies (11) | $1,000 |
| Grand Opening | $3,000 |
| Additional Funds - 3 months (12) | $4,000 |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | exclusive |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Renewal Term | If you are in good standing you can renew for three additional 5-year terms, each time. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | Does not offer financing. |
ELITE TUTORING PLACE Franchise Earnings — Item 19
ELITE TUTORING PLACE does not make an Item 19 financial performance representation in their FDD. This means they do not disclose revenue, profit, or earnings data for franchised locations. Before investing, ask the franchisor directly for franchisee contact information so you can speak with existing owners about their actual financial performance.
ELITE TUTORING PLACE does not include an Item 19 financial performance representation in their FDD. Contact information for current and former franchisees is listed in Item 20 of the FDD.
ELITE TUTORING PLACE Litigation & Risk Flags
Clean Litigation RecordELITE TUTORING PLACE has no pending litigation actions listed in their FDD. There is also no bankruptcy history disclosed.
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
ELITE TUTORING PLACE System Growth
Total Units
5
Franchised
5
Company-Owned
0
ELITE TUTORING PLACE currently operates 5 franchised locations and 0 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2020 | 5 | ||
| 2020 | 1 | ||
| 2020 | 6 | ||
| 2021 | 6 | ||
| 2021 | 1 | ||
| 2021 | 7 | ||
| 2022 | 5 | ||
| 2022 | 1 | ||
| 2022 | 6 |
ELITE TUTORING PLACE Franchise — FAQ
The total investment to open a ELITE TUTORING PLACE franchise ranges from $46,850 to $92,730, per their Franchise Disclosure Document. This includes the initial franchise fee of $25,000. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
ELITE TUTORING PLACE charges a royalty fee of Royalty $300 per month of gross sales. These fees are paid on an ongoing basis.
You can download the ELITE TUTORING PLACE Franchise Disclosure Document free on this page. The FDD is a public document filed with state franchise registries. Always also request the current FDD directly from ELITE TUTORING PLACE to ensure you have the most up-to-date version.
ELITE TUTORING PLACE does not provide an Item 19 financial performance representation in their FDD, which means they do not disclose franchisee revenue or earnings data. Prospective investors should contact existing franchisees directly (listed in Item 20 of the FDD) to gather real-world financial performance information.
ELITE TUTORING PLACE has been offering franchise opportunities. The FDD shows an investment range of $46,850-$92,730, a Royalty $300 per month royalty, and includes an Item 19 earnings disclosure. There is no pending litigation. Review the full FDD and contact current franchisees listed in Item 20 before making any investment decision.
The franchise fee is $25,000 and the total investment ranges from $46,850 to $92,730 depending on location size and market. Contact the franchisor directly for current net worth and liquid capital requirements, territory availability, and application details.
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Data Source & Disclaimer: This website is for informational purposes only. It is not an offer to sell or buy a franchise. This profile is based on publicly available FDD data sourced from state franchise registry filings. All information is for research purposes only and does not constitute legal, financial, or investment advice. Data may be outdated or contain errors. Always obtain the current FDD directly from ELITE TUTORING PLACE and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with ELITE TUTORING PLACE or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com