Sylvan Learning Named by Entrepreneur

By: Sylvan Learning Center | 0 Shares 210 Reads

August 11, 2023 // Franchising.com // BALTIMORE - Sylvan Learning was recognized by Entrepreneur as a Top Franchise for Multi-Unit Owners. The company ranked for its appeal to prospective franchisees interested in multi-unit ownership and existing franchise owners looking to expand their portfolio.

“It’s an honor to make Entrepreneur’s debut list,” said John McAuliffe, CEO of Sylvan.

According to franchise research and advisory firm FRANdata, 53.2% of all franchise units operating in the U.S. last year were owned by multi-unit owners. To determine the top brands for multi-unit ownership, Entrepreneur asked franchisors a few relevant questions: Do they offer discounts to franchisees purchasing multiple units? What percentage of their franchisees own multiple units? What percentage of their brand’s total units are owned by multi-unit franchisees? What is the average number of units owned by each franchisee? And finally, do they only sell multiple units or master licenses? They also factored in each company’s Franchise 500 score, which is based on an analysis of more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial stability.

“Entrepreneur’s lists reflect the state of the franchise industry - and there is perhaps no greater story than the power of the multi-unit franchisee,” says Jason Feifer, editor in chief of Entrepreneur magazine. “The industry is increasingly embracing them as motivated, knowledgeable, capable operators, and it’s no wonder that brands are now competing for these great multi-unit owners’ attention.”

SOURCE Sylvan Learning

###