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Business For Sale

POPULAR AFTER SCHOOL TUTORING FRANCHISE

Attn: Dana Drake
Santa Clarita , CA, USA
Listing Number: "N229-DD"
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Asking Price: $40,000 USD USA Dollars
Business for Sale Industry: Services: Education, Training  
Reason for Selling: Time Constraints & Family Concerns
Year Established: 2005
# of Employees: 2 Part Time
Yearly Revenues: $48,000
 

Business for Sale Overview:

This Math Tutoring Franchise is ranked #7 in Entrepreneur magazine's Top New Franchises for 2008. The program is effective, affordable, and highly specialized. The students are in pre-K through 12th grade. There is a growing demand for this type of specialized training and tuition typically includes a one-time $100 registration and testing fee plus about $175 to $225 per month enrolled, for a 6-12 month commitment. Parents then bring their children to the center when convenient, typically twice a week, for about an hour. Initial advertising, signs, furniture, fixtures, equipment, supplies, and members, are already established for this business. The typical startup costs for a franchise of this type is about $55,000 to $75,000, without established members. This replacement cost would be much more than the $40,000 asking price for this turn-key established business. The typical hours of operation would allow the new owner to keep a regular day-time job and operate this business as a second income on a part-time basis. Although ideal for educators or professionals, the new owner does not need to teach. Current owner uses part-time college students and other instructors. However, any business operates better if you are "hands-on".


Property Features and Assets:

800 square feet building.


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.

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