Class 101
Class 101 franchise for sale in Memphis, Tennessee
List Price: $20,000 USD
Key Facts
Annual Gross Revenue
$39,000 USD
Cash Flow
Less than $25,000
Seasonal Business
No
Value of Inventory
Upon Inquiry
Value of Assets
Upon Inquiry
Year Established
2018
Business Operates From
My office or commercial location
Location Is
N/A
Total Employees
Upon Inquiry
1–3 MonthsTransition
Support
Very FlexiblePrice/Terms
Flexibility
SomeSeller financing Available
Full-timeOwner
Involvement
About this Business
The current Class 101 Franchise Buy-In is $32,500, but your price is $20,000!
BONUS – Unleashed Brands has just purchased Class 101, which will provide access to additional resources to help you grow.
If you’re in education as a teacher or a counselor and want to control your future and have an impact, this opportunity is for you. Most locations produce revenue in the Six Figures!
Our technology consists of a state-of-the-art ACT/SAT Online Platform, Management Tools, and College Planning Software. As a new owner, you will be able to hit the ground running.
Don’t let this opportunity pass you by Check out our website https://www.class101.com/memphismidsouth/.
Growth opportunities
Relocate the education center to either Germantown, TN or Collierville, TN. New location "grand opening" event!
Owner's Day-to-Day Involvement
Involved in the daily operations, marketing, sales and college planning with high school students.
Asset Description
ASUS Laptop 11", Wireless Conference Speaker. Executive Chair, 5 x 6’ Tables, Black Sofa, 3 x Tablecloths (Black Cover), Class 101 Tablecloth, 2 x Class 101 Pop-ups Large, Class 101 Pop-up Mini, Class 101 Core Value Poster, Class ACT Poster, Class 101 College Planning Canvas, Class 101 Large Vinyl Banner, Conference Table, White Board on Pedestal, 2 x Trash Cans, Paper Shredder, File Cabinet 2 Draw with lock, Class 101 ACT Increase Board, 38 x College Pennants, Digital Wall Clock, Catalog Rack, Small Refrigerator, Christmas Tree (artificial), Christmas Tree Decorations. Approx: $3,450 value in total
Inventory Description
80 Class 101 Cards 80 Class 101 Bday Cards 80 Class 101 Graduation Congrats Cards 1 Class 101 Stationary (box) *Miscellaneous Promotional Cards and Material Approx: $200 value
Reason for Selling
Career Change; After 3-1/2 years it's time for new management to come in and take the Class 101 franchise to the next level.
Why I Love My Franchise
The emotional return on investment. The satisfaction of working with the high school students and seeing them build confidence with their grades, academics and ACT scores. Next getting them ready by helping them identify their college factors, college list, major/careers and resume. Lastly, getting them prepared for the college application process, assisting with essay brainstorming and meeting deadlines! It's hard to say goodbye, but you know they are prepared and made the right college choice!
About Class 101
Class 101 is a national college planning franchise that assists high school students in navigating the complex college application process. Starting as early as freshman year, Class 101 helps students improve their ACT/SAT scores, build strong GPAs, develop high-performance resumes, and secure higher scholarships and financial aid. Through one-on-one monthly sessions with college planners, students are guided to identify colleges that are a good fit, write compelling essays, and complete applications ahead of deadlines. Class 101’s state-of-the-art technology, including an ACT/SAT online platform and college planning software, ensures students are well-prepared. As of February 2023, Class 101 has 56 locations across 25 states, with most locations generating over six figures in revenue. Backed by Unleashed Brands, Class 101 provides franchisees with additional resources and support, making it a rewarding opportunity for those passionate about education and student success.
Franchisee Support
Class 101 offers extensive support to franchisees, beginning with a multi-day training program that includes 40 hours of classroom instruction and 120 hours of on-the-job training. Franchisees gain access to proprietary materials, updated curriculum, and marketing resources like brochures and business cards. Ongoing support is provided through twice-weekly team meetings, informative podcasts, and a dedicated home office team, empowering franchisees to guide students effectively through the college application process.
Brand Accolades & Awards
Class 101 has received significant recognition for its impact in the college planning industry. In 2023, it was named a Top Franchise by Franchise Business Review, highlighting high franchisee satisfaction. In 2021, franchisee Karen DeRosa earned the Franchisee of the Year title for her outstanding performance, achieving over $500,000 in sales and a 92% college acceptance rate for her students. These accolades underscore Class 101's commitment to empowering students and supporting franchisee success.
Industry / Market
Class 101 operates in the college planning franchise sector, which is experiencing significant growth. The demand for college counseling services is rising as high school graduation rates increase, with 88% of students graduating in 2019. Class 101 addresses the need for personalized college planning, helping students navigate the complex application process. The franchise aims to open 100 locations by 2024, capitalizing on the market's potential, as many students lack adequate guidance from school counselors.
Ideal Owner
The ideal Class 101 franchisee is a dedicated educator or business-minded individual passionate about helping students succeed academically. They should possess strong leadership skills and a commitment to providing personalized educational support. Experience in education or tutoring services is beneficial, along with a nurturing personality to foster a positive learning environment.