Initial Investment
What are my anticipated costs for starting an Ultimate Test Prep Franchise?
The Ultimate Test Prep franchise is a low-investment franchise system dedicated to helping both its franchisees and students achieve rapid success. Your initial investment into the Ultimate Test Prep franchise system includes…
- 65+ hours of training in business, marketing, and accounting fundamentals as well as test-prep and college planning specific education. You do not need to be an expert in either of these areas prior to becoming an Ultimate Test Prep franchise.
- proprietary test-prep materials exclusive to Ultimate Test Prep locations. These materials are continuously evolving and improving as the test-prep industry continues to change.
- effective college planning guidelines, resources, and highly developed college database software to quickly make your location the college planning expert in your area.
Estimated Initial Investment |
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| Type of Expenditure | Low | High |
| Initial Franchise Fee | $25,000 | $25,000 |
| Your Training Expenses | $2,000 | $4,000 |
| Promotional Signage | $500 | $2,000 |
| Real Estate Improvements/Site Preparation | $500 | $5,000 |
| Security Deposits and other Prepaid Expenses | $1,000 | $5,000 |
| Initial Inventory and Instructional Materials | $1,000 | $2,500 |
| Furniture, Fixtures, Equipment, and Supplies | $3,000 | $5,000 |
| Professional Fees (accountants and attorneys) | $500 | $1,500 |
| Grand Opening Marketing | $3,000 | $10,000 |
| Insurance Premiums | $1,000 | $2,500 |
| Additional Funds – 3 months | $5,000 | $8,000 |
| TOTAL | $42,500 | $70,500 |
*The information presented is subject to the Ultimate Test Prep Franchise 2024 franchise disclosure document. Refer to Item 7 of the FDD (franchise disclosure document) for our full initial investment information. The information listed above is not an offer to sell a franchise; it is presented for informational purposes only.