Sunday, April 3, 2016

Sylvan Learning comes to Los Altos



Sylvan Learning Center replaces Carpet One in 
Los Altos Center









A Sylvan Learning Center will  occupy the former John Bloeser Carpet One store. Located at 5510 E Britton Dr. next to the EJ Malloy's Pub at the Centre Court building in the Los Altos Center South.

The new Long Beach location will offer tutoring, academic camps during school breaks and Lego "robotic birthday parties" for young children.

Sylvan Learning Centers started in Portland, Oregon in 1979. It quickly grew to hundreds of franchise centers and was bought out by different education investment  business entities.  In 2003 it was bought by New York based private equity firm Apollo Global Management that specializes in distressed companies. Reorganized as Educate Inc., the company now has over 600 franchises. 

The Long Beach location is a major investment. According to the corporate website, a  Sylvan franchise costs between $159,000 -$283,000 and requires franchisees to have over $250,000 net worth plus $75,000 liquidity. 

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