Class 101
Class 101 franchises operate businesses that provide advice, guidance, and training to high school students and their parents in preparing for, selecting, applying to, and paying for college using the proprietary CLASS 101® system, trademarks, and standards. The franchisor offers single-unit franchise agreements as well as development agreements for multiple units, with a business model centered on educational consulting services delivered through structured programs, manuals, and technology. The target market is families of high school students navigating the competitive college admissions process.
Franchise Costs
8% royalty (min $500/mo) + 2% NAF + $149/mo technology fee
Financial Performance
Item 19 Financial Performance
Data Based On: 48 franchised outlets used for financial performance representation data, grouped into quartiles. These outlets were open for the entire year and reported complete data, derived from the total franchised outlets (69) after excluding 12 not open the entire year and 8 with incomplete data, as explained in Note 2.
* Calculated weighted average gross revenue from segmented data: (12 units × $404,678 + 12 units × $195,866 + 12 units × $92,701 + 12 units × $27,928) / 48 total units = $180,293.25. Profit metrics (net income, net profit, EBITDA, and profit range) are not provided as per the disclosure on page 3 stating that gross sales figures do not reflect costs or expenses needed to determine net income or profit.
Extracted Item 19 Section
How Class 101 Compares
Key Insights
- Top 10 largest franchise system in Adult Education & Training
- One of the lowest SBA loan default rates in Adult Education & Training
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
Class 101 Current | $75K – $130K | $40K | 8.0% | 69 |
| HEALTH MART SYSTEMS INC | $262K – $834K | N/A | 0.0% | 4,346 |
| AMERIPRISE FINANCIAL SERVICES LLC | $12K – $130K | $2K | N/A | 3,855 |
| MATCO TOOLS CORPORATION, MATCO TOOLS AND MATCO | $108K – $383K | $10K | N/A | 1,502 |
| UBREAKIFIX BY ASURION | $151K – $448K | $40K | 7.0% | 551 |
| Best Brains | $50K – $134K | $15K | 14.0% | 162 |
Adult Education & Training Average 17 franchises | $253K – $579K | $36K | 8.8% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 17 Adult Education & Training franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2024)
Outlets by state across the United States
+17 more states
SBA Loan History
Historical SBA 7(a) loan data for Class 101 franchisees (2018 – 2018)
Loans by Year
SBA 7(a) loan activity over time
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
70 franchisee contacts on file from official FDD filings.
| Name | SBA Loan |
|---|---|
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
70 Contacts Available
Unlock all Class 101 franchisee contacts with verified contact information
Due Diligence
Litigation (Item 3)
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
The total initial investment to open a Class 101 franchise ranges from $75,287 to $130,187. This includes a franchise fee of $39,900. Ongoing royalty fees are 8.0% of gross sales.
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