FranchiseVerdict
BEST IN CLASS EDUCATION CENTER logo
FV-00285·MODERATEExcellent95

Best In Class Education Center

Education - Tutoring & Test PrepFranchising since 2023Website
Investment
$84K – $143K
36th pct Tutoring & Te…
Avg revenue
$209K
1st pct Tutoring & Te…
Royalty
Units
37
54th pct Tutoring & Te…
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $84K – $143K including a $45K franchise fee.
  • Average unit revenue of $209K/year (median $219K). Estimated payback in 1.7 years.
  • Rated MODERATE with a risk score of 63/100. SBA loan default rate of 0.0% across 1 loans (below the industry average).
  • System contracting at -23.4% CAGR over 3 years. Investigate whether closures are franchisor-driven (consolidation) or franchisee-driven (economics).

Item 1 · who you're contracting with

The Franchisor

Legal entity
BiC Franchise System Corporation
Incorporated in
Delaware
HQ
4820 NE 4th St., Suite A-107, Renton, Washington 98059
Auditor
Metwally CPA PLLC
Audited financials
Franchisor revenue
$125K
vs $357K prior year

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one BEST IN CLASS EDUCATION CENTER unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $209,044
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: education
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $84K–$143K
Working capital
$
FDD reports $9K–$19K

Unlevered ROIC · per unit

25%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$31K
EBITDA margin
15.0%
Total invested
$127K
Payback
49 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Levered LBO scenario · Yale Crease Capital framing

What would 25 BEST IN CLASS EDUCATION CENTER units return on equity?

Edit assumptions

Equity IRR · 5-yr

49.9%

7.57× MOIC

Year-1 DSCR

1.88×

EBITDA ÷ debt service

Equity required

$334K

on $1.7M purchase

Total debt

$1.3M

SBA $0.8M + senior + seller note

Overview

About

Best in Class Education Centers operate after-school and supplemental tutoring programs for K-12 students, delivering personalized instruction in core academics (math, reading, writing) and test preparation. Franchisees manage facility operations, hire and train tutors, recruit students through local marketing, and manage student progress tracking and parent communications.

CEO
Hao Lam
Founded
2023
FDD year
2025
States available
9

Item 7 · what it costs

The Vitals

Total investment
$84K – $143K
All-in to open one unit
Liquid capital
$9K – $19K
Cash you must have on hand
Franchise fee
$45K
Royalty
greater of: (a) $250; or (b) sum of 12% of Gross Sales pl…
Ad fund
2.0%
typical 3–5%
Total fee load
14.0%
vs 9–13% typical
Payback period
1.7 yrs
From v3 / Item 19

Item 19

Financial Performance

Avg gross sales
$209K
Per unit, per year
Median gross sales
$219K
Item 19 type
Gross Sales
Sample size
27 units
vs category median 12 · large
Range (low → high)
$47K$469K
Cohort dispersion
Transparency
8 / 5
vs category median 4 / 5 · above
Revenue rank1th
vs Education - Tutoring & Test Prep peers
Investment cost rank36th
Lower investment ranks lower (better)
Royalty rate rank65th
Lower royalty = lower percentile (better)
Unit count rank54th
vs Education - Tutoring & Test Prep peers
Risk score rank62th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
37
Opened
1
Last reporting year
Closed
9
Turnover rate
24.3%
Company-owned
1
Corporate units in the system
% franchised
97%
vs corporate-owned
Net growth (yr3)
-18.2%
Net unit change last year
3-yr CAGR
-23.4%
Compounded over last 3 years
2023
36-9
Franchised units
2024
44
Franchised units
2025
47
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 9 states with active franchisees

The Territory Map

Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 9 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

Total loans
1
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

63
Risk · 0-100
MODERATE63 / 100

Contracting franchise system with opaque financials, aggressive multi-tiered royalties, and unverified profit claims create meaningful investor risk.

Score breakdown · what drove the 63 / 100 rating

  1. 01MEDUnit count declined 18.2% YoY (37 units) indicating system contraction and potential franchisee dissatisfaction
  2. 02MINORComplex tiered royalty structure (12% + 12% + 6%) could exceed 30% of revenue in blended scenarios, severely impacting profitability
  3. 03MEDNo Item 19 financial performance representation disclosed despite $65,963 average net income claim — unverified and potentially misleading
  4. 04MINORHigh initial investment ($84,375–$142,500) relative to average net income ($65,963) creates 1.3–2.2 year payback pressure
  5. 05MINOR5-year term is relatively short; renewal risk and system stability unclear with declining unit count
  6. 06MINOREducation franchise sector experiencing secular headwinds from digital learning and economic sensitivity

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
population
Protected territory
Yes
Initial term
5 years
Renewal term
5 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Washington

Item 11

Training & Operations

Classroom training
46 hrs
On-the-job training
24 hrs
POS system
BCP-LMS
Operating tech stack

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

39 numbers

Locked
(512) 375-••••
TX
(856) 924-••••
NJ
(408) 441-••••
CA

One-time purchase · CSV download · Validation questions included

FDD download

BEST IN CLASS EDUCATION CENTER · FDD (2025) PDF

Single-page checkout · instant download · CSV export of contacts available separately above