Chyten gets into franchising

Chyten Educational Services is planning to offer franchising opportunities.

The Lexington firm, which focuses on tutoring and test preparation, said today it is partnering with Minuteman Press of New York, a franchiser in the print industry, to build a national franchise opportunity program for private education services.

In a statement, the two companies cited research from Goldman Sachs, the investment bank, which estimates that the market for tutoring and other educational services aimed at children below college age is a $4 billion to $5 billion industry.

Joining forces combines the strength of both companies and lets Chyten outsource franchise sales so it can focus on what it does best - training franchisees and tutors and developing course work, a Chyten spokeswoman said.
(By Chris Reidy, Globe staff)