TGA
Education & Child Enrichment · Tutoring & Test Prep
- Active units
- 53
- Avg unit volume
- $139k
- Royalty
- 8.0%
Franchised, year-end 2024
of weekly Net Sales
About TGA
Chulatutor, founded in 2005, is a highly respected brand in the field of education. Originally formed by a group of seniors from prestigious universities such as Chulalongkorn, Kasetsart, Thammasat, and Mahidol, Chulatutor was created to provide coaching and support to aspiring students looking to continue their Bachelor's degree in these universities. With a team of experienced educators who have been involved in various educational projects, Chulatutor offers a wide range of products and services. They provide live courses and online courses for exams such as TOEIC, IELTS, TOEFL, SAT, and GED. Additionally, they offer private tutoring and test preparation materials for exams like BMAT, CU-AAT, and CU-ATS. Chulatutor's dedication to education has earned them recognition from various media outlets and popular social channels. Their popularity among teenagers is a testament to their effective teaching methods and commitment to student success. Join Chulatutor today and experience the benefits of their comprehensive educational support.
Key terms
- Franchise fee
$50k
- Multi-territory pricing
If not using the Additional Territory Option at signing, additional territories during the term are priced per territory: 1 $49,500; 2 $44,500; 3 $40,000; 4 $35,000; 5 $30,000.
- Brand fund
1.0% of Net Sales
- Local advertising
1.0% of Net Sales
- Additional Territory Option - 2 territories
$94k
- Additional Territory Option - 3 territories
$134k
- Veteran discount
10.0% off franchise fee — If you are an honorably discharged veteran and/or educator, we will reduce the initial franchise fee by $4,950 for the Core Program.
Brand Percentile Rankings
Growth
- Total locations53
Franchised units open at year-end
- New openings2
Gross new units opened during the calendar year
- 1-year unit growth rate-10.2%
Net unit growth versus prior year
- 3-year unit CAGR-7.5%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio1.0×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)$139k
Computed average per unit using Table 5 totals: sum of owners’ 2024 revenues = 7,224,335 across 52 units → 7,224,335 / 52 = 138,930.
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate—
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$92k
Midpoint of estimated initial investment range
↓ Lower is better - Time to open2 months
Midpoint of average time from agreement to opening
↓ Lower is better - Royalty rate8.0%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio1.5×
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
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Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.