Pros
No pros at all there are only cons
Cons
TLE franchise management engages in materially misleading representations to prospective franchisees. Specifically, they present distorted financial information, including the use of non-standard metrics such as EBITAR rather than EBITDA, in order to exaggerate potential profitability. In addition, various operating and ongoing costs are often omitted or minimized in disclosure materials, leading to a fundamentally inaccurate picture of the true financial obligations involved. They also force employees and sales representatives to make overly optimistic or misleading statements during the franchise sales process. Furthermore, the so-called “Project Cost” documents provided to potential investors is not accurately reflecting the actual startup or operating expenses. These can be easily substantiated and such actions constitute violations of franchise disclosure laws and consumer protection statutes, and expose those responsible at TLE to significant civil liability for fraud and misrepresentation. This is the worst franchise to own and is full of fraud. They do not provide any support and will sell the franchise to anyone and everyone. They will approve anyone to open a school and drive them to bankruptcy and then sell the school again and again to make profits. This is more of a PONZI scheme then a real franchise.