Risk Score
Pending analysis
Investment Range
$40,975 - $57,425
Franchise Fee
$27,250
Total US Locations
312
Business Summary
Club Z! In-Home Tutoring operates a franchise business that offers affordable tutoring services directly at a student's home. Club Z! franchisees, known as Area Directors, recruit qualified teachers to provide one-on-one tutoring for students from pre-kindergarten through 12th grade. The tutoring programs utilize various textbooks, workbooks, and computer programs to improve academic skills and foster positive attitudes towards learning, often working in conjunction with a child's classroom teachers. Club Z! assists its franchisees with ongoing marketing to reach potential customers within their assigned territory.
Corporate History
Club Z! Inc. was formed as a Florida corporation on June 19, 1995. The company initially operated its own Club Z! In-Home Tutoring Service from October 1995 until June 2000. Club Z! began offering franchises in July 1998 and has since focused on its franchising operations, no longer operating its own tutoring services. As of 2024, Club Z! has 328 franchise locations, none of which are company-owned.
Financial Overview
Investment Range
$40,975 - $57,425
Franchise Fee (Low)
$27,250
Franchise Fee (High)
$39,750
Royalty %
8%
Marketing %
2%
Equipment Costs (Low)
$550
Equipment Costs (High)
$1,200
Working Capital
$5,000
Audited Financials
Yes
Offers Financing
No
Audit Opinion
Unqualified opinion
Financial Health Notes
Club Z! Inc.'s financial statements for the fiscal year ending December 31, 2024, show a strong financial position. The company has a positive net income of $9,146 and significant working capital of over $2 million (Current Assets of $2,137,820 minus Current Liabilities of $114,818). The independent auditors have issued an unqualified opinion on the financial statements and have not identified any conditions or events that raise substantial doubt about Club Z! Inc.'s ability to continue as a going concern.
Financing Details
Club Z! In-Home Tutoring does not offer any direct or indirect financing options to its franchisees. The franchisor also does not guarantee any notes, leases, or other obligations for franchisees.
Performance Metrics
Total US Locations
312
Franchised Units
312
Corporate Units
0
Franchising Since
1998
Legal & Compliance Analysis
Recent Litigation
No
Bankruptcy
No
Litigation Summary
Club Z! In-Home Tutoring has no litigation history to report. The franchise has not been involved in any material litigation or bankruptcy proceedings that are required to be disclosed.
Bankruptcy History
Club Z! In-Home Tutoring has no bankruptcy history to report. Neither the franchisor nor its management have been involved in any bankruptcy proceedings.
Agreement Terms
Initial Term
7 years
Renewal Term
7 years
Renewal Conditions
To renew their Club Z! In-Home Tutoring franchise, franchisees must be in full compliance with their Franchise Agreement, complete any required training, and sign the then-current franchise agreement. This new agreement may contain terms and conditions that are materially different from their original agreement, including changes to territory and royalties. Franchisees must also sign a general release of claims and pay an applicable renewal fee of $250 prior to renewal.
Training & Support Program
Franchisor Assistance
Club Z! Inc. provides various forms of assistance to its franchisees. Before opening, the franchisor provides a Franchise Package, loans copies of its operating manuals, and conducts initial training for the franchisee and up to two additional people. After opening, Club Z! Inc. offers unlimited telephone support during business hours, hosts conference calls to discuss sales techniques, bookkeeping, performance standards, and advertising programs. The franchisor also provides updates to its operating manuals and system standards, maintains a national website with a link to each franchisee's customized website page, and provides web hosting and an email account for the business.
Initial Training Hours
30
Training Location
Corporate headquarters in Tampa, Florida or Online/virtual
Ongoing Support
Club Z! In-Home Tutoring provides ongoing support through unlimited telephone assistance during normal business hours. The franchisor also conducts regular conference calls to discuss topics such as sales techniques, bookkeeping, performance standards, and advertising programs. Franchisees receive updates to the operating manuals and system standards as they are modified. Club Z! maintains an internet website which includes a customized page for each franchisee, and provides web hosting and an email account.
Franchise Requirements
Industry Experience Required
No
Management Experience Required
No
Sales Experience Required
No
Technical Skills Required
No
Operational Details
Location Type
Hybrid
Owner Participation
full-time
Territory Type
Non-Exclusive
Territory Size Requirements
Club Z! In-Home Tutoring grants specific territories defined by population, ranging from 50,000 up to 200,000 residents. The initial franchise fee depends on the size of the population granted in the territory, with a $27,250 fee for up to 100,000 population and $39,750 for up to 200,000 population.