Fraction Learning

5.0★★★★★(7 reviews)

Potomac, Maryland, United States

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Business facts

Estimated annual revenue~$109.4K
Estimated employees~1
In business since2010
Estimate based on strong signals

Contacts

Area statistics (21122)

Population61,444
Median household income$118,302
Source: US Census ACS

About

Fraction Learning provides online reading tutoring for students in PreK-6th grade, as well as local tutoring services in the Greater Baltimore area. They also offer education consulting and staff training. Yolanda Fraction, the founder, has over 12 years of experience in education and is dedicated to improving the quality of K-12 education. She has a strong background in instructional design, eLearning development, and training. Her individualized tutoring services have shown significant results in improving students' reading skills.

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Price
$
Categories: Tutoring Service, Education Center, Educational Consultant, Private Tutor.
ISIC Codes: 8549, 8550.

Market analysis

Earning below its category median in a growing category (Tutoring Service).

EstimateCategory trend: 2024, +7.6%

Revenue trend (modeled)

~$68.3K2019
~$60.0K2020
~$66.4K2021
~$74.6K2022
~$101.3K2023
~$109.4K2024
Modeled from official industry statistics+9.9%/yr since 201980% confidence band: ±42%

Property

Lot size0.35 acres
ZoningRNC
CountyMontgomery
Assessed value$1.7K
On this lotshared with 18 other businesses
ObservedPublic assessor / cadastre record

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Tutoring Service in Maryland619~$329.8M~$533.7K~$406.3K5.0★0.3×
Category revenue trend2024: +7.6%2023: +10.1%2022: +15.2%2021: +14.1%Modeled from business-level estimates
Chain pressure28 chains expanding in this category, led by Mathnasium, Kumon Math and Reading Center of Olney, Club Z! In Home Tutoring (+265 locations since 2016)

Revenue trajectory vs benchmarks (indexed, 2019 = 100)

Estimate

Immediate area (1 km)

BusinessesTotal revenueMeanMedianJobsEstimated wage billvs median
1 km area (all businesses)182~$177.9M~$977.6K~$413.8K430~$42.5M0.3×
Education8~$5.1M~$637.0K18

1 km area (all businesses): median from the 170 of 182 businesses with estimates

Estimate

Area conditions (21122)

Population61,444 ±2,461
Median household income$118,302 ±$4,918
Median home value$402,100
Bachelor's degree or higher0.3%
Unemployment rate0.0%
Source: US Census ACS
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