Class 101 logo
College planning services

Investment

$75,287

Initial Franchise Fee

$39,900

Units

81

Growth Rate

+62.0%

Overview About Investment Territories Support Operations Ranking History

Overview

Industry Services (Other)
Founded 1998
Franchising Since 2007
Parent Company Unleashed Brands LLC
Leadership Ani Mehta, Brand President
# of Employees at HQ 155

Units and Growth Chart

About Class 101

Class 101 was founded in 1998 by Thomas Pabin. Dissatisfied with working a regular 9-to-5 job as a financial advisor, Pabin decided he wanted to make his work helping others. While working with and guiding youth as a volunteer youth minister, Pabin discovered a severe need for professional college planning services and started Class 101. 

Pabin launched the business from his two-bedroom apartment and, through networking and word of mouth, his client base quickly grew. Today, there are over 40 franchises throughout the United States. Class 101 is continuing its search for new franchisees in the search for expansion.

Why You May Want to Start a Class 101 Franchise

Class 101 believes that every high school student should have a positive college experience. This process typically starts with ensuring that their families pay less out of their own pockets for an education. Class 101 offers one-on-one college planning sessions, ACT and SAT preparation classes, seminars, and organized campus visits for high school students. 

Teenagers may be less likely to listen to their parents when it comes to advice, including college planning. With Class 101, parents could have the peace of mind knowing they have a support system they can contact at any time, and the teens may see Class 101 as an advisor who's there to help them. 

A Class 101 franchise also helps kids improve ACT scores, write college entrance essays, and help teenagers realize standout skills or talents to set them apart from other applicants. The average Class 101 student applies to ten colleges and can receive thousands of dollars in scholarships and financial aid. 

What Might Make a Class 101 Franchise a Good Choice? 

Many Class 101 franchisees are parents, former educators, admission counselors, or businesspeople. Still, anyone with a passion for helping young people and their families on their paths toward college is welcome. Potential franchisees need to be flexible and willing to work afternoons or evenings to meet with teenagers. They should be articulate, organized, patient, and have strong communication skills. The Class 101 mission is to empower students, serve families, and inspire greatness. This should be completed through one-on-one counseling, events, and programs. 

The Class 101 home team is very supportive and available to answer any questions you may have throughout the setup process and as you run your Class 101 franchise. There will likely be several team meetings per month via phone, and franchisees are invited to attend multi-day training sessions at the home office in Lexington, Kentucky.

How To Open a Class 101 Franchise

To be part of the Class 101 team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. However, being a part of the Class 101 family entitles you to a complete business, including marketing materials, updated curriculum, detailed operations manuals, and access to Class 101 podcasts and training videos. 

Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the Class 101 franchising team questions.

Investment Details

Initial Franchise Fee $39,900
Initial Investment $75,287 - $130,187
Net Worth Requirement $75,000
Cash Requirement $50,000
Royalty Fee 8%
Ad Royalty Fee 6%
Technology Fee $149-$300/mo.
Term of Agreement 10 years
Is Franchise Term Renewable? Yes
Financing Third Party
Veterans Incentive 5% off franchise fee

Available Territories

Franchising opportunities available in the following regions

United States

Training & Support Programs

Comprehensive training and ongoing support to help you succeed

Training

On the Job Training 12 hours
Classroom Training 22 hours

Ongoing Support

Purchasing Co-ops
Newsletter
Meetings & Conventions
Grand Opening
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform

Marketing Support

Co-op Advertising
Ad Templates
Regional Advertising
Social Media
SEO
Website Development
Email Marketing

Operations & Requirements

Key operational details and requirements for running this franchise

Is absentee ownership allowed? No
Can this franchise be run from home/mobile unit? No
Can this franchise be run part time? No
# of employees required to run 0
Are exclusive territories available? Yes

Ranking History

Class 101 performance in the Franchise rankings over recent years

Additional Rankings

Curious to know where Class 101 ranked on other franchise lists? Find out below.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022