Huntington Learning Center Continues Record Growth
New Centers in New Jersey, Connecticut, Florida, Illinois, Ohio, and Minnesota Continue Trend
(Tuesday, February 07, 2006) -
The oldest national provider of franchised supplemental educational services, Huntington Learning Center, opened eight franchised centers in January, setting a new record for the number of centers opened in one month. This caps off a banner year of strong growth in 2005 when 50 centers were opened ė the largest in any one year. The new centers are located in Pennington, New Jersey, Berlin, Connecticut, Clearwater and Gainesville, Florida, Dekalb and Lake in the Hills, Illinois, Centerville, Ohio, and Rochester, Minnesota.
From January 2005 to January 2006, Huntington's national network of learning centers grew 30 percent. Huntington now has locations in over 37 states.
"With an entrepreneurial spirit and a sincere interest in boosting student achievement, the owners of each of these new Huntington Learning Centers are joining a fast-growing industry founded on strong partnerships with parents and schools," said Dr. Raymond Huntington, who co-founded Huntington Learning Center with his wife Eileen Huntington 29 years ago. "Parents and educators trust us because they recognize that Huntingtons mission is to give every child the best education possible, and they know from our track record that we'll deliver on that promise."
The longest running provider of supplemental education services, Huntington Learning Center is a pioneer and leader in the franchise learning center arena. Huntington provides instruction in reading, writing, spelling, phonics, mathematics, study skills and SAT and ACT preparation to tens of thousands of students in kindergarten through 12th grade.
Huntington's recent growth has been fueled by the rising number of parents and families seeking tutoring for students facing difficulties in meeting increasingly rigorous academic standards. According to consumer research, families see significant value in companies that can demonstrate a measurable, long-term track record of success in enabling students to bridge gaps in skills and knowledge and earn higher test scores. Since 1998, the supplemental education services industry has grown at a compounded annual rate of nearly 12 percent, reaching $6 billion in 2004.
The need for supplemental education services is driven further by the rising number of students enrolled in K-12 public and private schools. According to the U.S. Department of Education, enrollment in elementary and secondary schools rose 20 percent, to more than 53 million students, between 1985 and 2005. The pool of school-age children is expected to grow by an additional two million over the next 10 years.
"Today's parents and caregivers recognize that they are consumers of education, and they want to be assured that their children are receiving all the support they need to reach their academic potential," said Huntington Chief Executive Officer J.J. Sorrenti. "One of our key initiatives over the next several years is to respond to the tremendous number of franchise candidates who are attracted to this vast and growing market, and continue raising achievement among K-12 students nationwide."
To learn more about Huntington Learning Center and its franchise opportunity visit www.huntingtonlearningcenter.com or www.huntingtonfranchise.com
View all Huntington Learning Centers Press Releases
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COMPANY INFORMATION
Huntington Learning Centers Inc.
496 Kinderkamack Rd.
Oradell,
NJ
Phone: (201)261-8400
Toll Free: (800)653-8400
Fax: (201)261-3233
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