How do you describe the Chyten Educational Services franchise concept?
NC: We have a unique test prep & tutoring center with all tutoring done on premises in a professional atmosphere with tutors who all have at least a Masters Degree. TNF: When did you launch the Chyten franchise program? How many franchises are up and running? Is the chain growing? NC: We have been planning this franchise program for over a year. We started actively seeking franchisees in February of this year. The first four franchises will be open by July, 2007. We anticipate this to be a thousand plus franchise system in the years to come. TNF: Where are you looking to expand? What types of markets and demographics work best? NC: While we are concentrating in the New England to DC corridor, we anticipate we will begin the national expansion by the end of the year. At that point we will expand to any market where there is an emphasis being placed on education and an interest in college placement for their high school students, which is pretty much anywhere in America. TNF: What is the
