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Asking Price:	$249,000 USD USA Dollars
Business for Sale Industry:	Services: Education, Training
Reason for Selling:	Seller wants to focus on his profession in the Telecom Industry
Year Established:	2004
# of Employees:	12
Yearly Cash Flow:	$72,232

Business for Sale Overview:

This business is the local franchisee of a national network of franchised tutoring centers with over 400 locations in almost every state. The local office was established in April of 2004 and has had sales increases in every year since it opened. The hard work of building out the center, hiring staff, and getting the business established has been done. The opportunity exist for a new owner to continue to grow the business. (The average Center generates $470,000 in annual revenues.). The local market has the potential and demographics to support a center which can meet and beat the average revenue, at the very least, a center that generates revenues comparable to the national average. The franchiser offers hands-on operational support via a call center, conference coaching service and monthly operations manager meetings. This ensures that customers always encounter the professional and trained professionals each time they call for an inquiry. The Franchiser offers a Call Center Support program that prospective customers can call in to a toll free number and ask questions to experienced, professional educators about the program. This lead is directed to the local franchise. Approximately 43% of those calls result in testing (an income producing activity). Approximately 63% of students that are tested will be enrolled in the program. This center has a full time Director that manages the business on a day to day basis and the business. A full-time owner’s involvement can enhance the business and allow them to grow the potential areas such expand the geographic reach of the business develop the Exam Preparation Services and the No Child Left Behind program. The opportunity for a motivated owner to grow the business to meet the national average of $470,000 annual revenue level, a 50% increase ($170,000) from the current level. The variable cost of an additional $170,000 in revenue is between 30%-40% therefore adding about $100,000 to the current $72,000 for a total $172,00 in Seller's Discretionary Earnings. Very Turnkey!

Property Features and Assets:

Business leases 2,200 square feet on the first floor of a plaza, located on a major shopping and travel state road, very convenient to customers. Six years remain on current lease. May be able to extend.

Market Competition and Expansion:

Competition: Very little competition. This is a leader in the learning center industry. Growth and Expansion: This is a $6 Billion industry growing by 10-15% per year during the past 5 years. Business currently is offering K-12 tutoring and SAT testing, though SAT testing has not been promoted. Additional revenues can be generated by promoting SAT testing as well as offering in-school tutoring through the Federal Government’s No Child Left Behind program. Additional towns can be targeted for higher Learning Center revenue potential.

Additional Details:

• The property is leased.
• The owner is willing to train/assist the new owner.
• The owner is not willing to work for the new owner.
• This is not a homebased business opportunity.
• This is a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.