Sylvan Learning Forecasts Strategic, Sustained Growth Through Technology and Mobility
Supplemental Education Brand Tops 800 Locations in 2013
Baltimore (PRWEB) February 20, 2014 - Sylvan Learning, Inc. (Sylvan), the nation’s leading supplemental education and personal learning provider, continues to top the segment by exceeding 800 locations in 2013. With dozens of locations planned to open in 2014, the brand is positioned to propel itself to accelerate growth, helping more children and families reach their learning goals in 2014 and beyond.
The past year marked several milestones for the education franchise, which surpassed the 800 location mark through continued development in the U.S. and Canada and the introduction of SylvanSync™ satellite locations. In 2013, Sylvan began to see the extension of their tablet-technology satellite arm called SylvanSync™ Satellites, which topped 100 locations and continues to grow locations every month. Based on these accomplishments, the brand is predicting that 2014 will be a breakout year, not only for Sylvan internally, but also in the supplemental education segment.
"Thanks to technological initiatives like SylvanSync™ and a passionate system of highly engaged franchisees, we’ve been able to affirm our status as a frontrunner in the supplemental education and personalized learning sphere," said Jeffrey Cohen, CEO of Sylvan. "Our successful 2013 initiatives have given us a great push to continue leading the nation throughout 2014."
In December 2013 alone, Sylvan completed major market transactions with corporate refranchising of four Centers in greater Los Angeles, five in Miami, six in Minneapolis-St. Paul and 11 in the greater Ohio region. The success of these transactions is indicative of an ambitious growth strategy entering 2014, as Sylvan has effectively hit the ground running in 2014.
"With a total 30 talented new owners and 39 franchise deals, plus an active resale market for existing franchisees, the end of 2013 could not have given Sylvan a better framework for a record-setting performance throughout the New Year," said Barbara Timm-Brock, Chief Growth Officer. The nearly 300% increase in deals from the prior year reflects strong interest in Sylvan as the leading supplemental education franchise. "I believe that Sylvan is positioned to make 2014 a banner year as we continue to introduce our services to new territories, launch new products and services into all of our Centers and see our educational technology and innovative online parent and student apps truly take off."
The brand aims to triple the number of SylvanSync™ Satellite locations, introducing Sylvan’s unique personal learning services to new communities throughout the United States, and expand Sylvan Online virtual tutoring across the system. 99.6 percent of the franchise system has elected to use the new technology platform with the capability to open satellite locations with the digital teaching platform, positioning Sylvan to seriously increase their reach.
Furthermore, thanks to the supportive franchise network and increasingly reputable brand presence, Sylvan continues to attract to its system new franchisees - business people who have a passion for education and want to help children and families within their communities. "I am particularly excited to share our franchise business model with women and men who are considering a career change that seek a business that can change lives," added Timm-Brock.
With more than a dozen territories available in top development markets like New York, Texas, California, Georgia and Florida, and with a growing number of individuals interested in joining the franchise system, Sylvan is posed to achieve this goal before the year’s end.
"Competition for admission to the best colleges has created heightened pressure for high-achieving scholastic performance. This means that families have an even greater need for highly personal supplemental education services," said Timm-Brock. "As we continue to add Centers and satellites across the United States, the entire Sylvan team is prepared to meet this demand throughout 2014."
About Sylvan Learning, Inc.
With over 30 years of experience and more than 800 locations throughout North America, Sylvan Learning is the leading provider of personal learning for students in grades K-12. As the leader in supplemental education, Sylvan is transforming how students learn, inspiring them to succeed in school and in life. Sylvan’s proven tutoring approach blends amazing teachers with SylvanSync™ technology on the iPad® for an engaging learning experience. Sylvan programs include study skills, math, reading, writing, and test-prep for college entrance and state exams. Sylvan also provides educational services to public and non-public schools. The company was founded in 1979 and is headquartered in Baltimore, Maryland. For more information, call 1-800-31-SUCCESS, visit http://www.SylvanLearning.com or Sylvan’s Mom Minded blog at http://www.SylvanLearning.com/blog.
Contact:
Lauren Kaminski
312.526.3996
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