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Business For Sale

MATHNASIUM-THE MATH TUTORING CENTER

Attn: Jeff Gillespie
Kent, WA, USA
Listing Number: "Jeff-Math"
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Asking Price: $25,000 USD USA Dollars
Business for Sale Industry: Services: Education, Training  
Reason for Selling: Owner's have other interests
Year Established: 2006
# of Employees: 4
Yearly Revenues: $65,000
Yearly Gross Income: $65,000
 

Business for Sale Overview:

This is the best value anywhere for a Mathnasium. Will not last. Check out this website. This is an outstanding turnkey opportunity to part of one of fastest growing franchises in the United States. The price is only $25,000. Plus travel expenses and approximately $1,250 in closing costs. Buyer must be approved by Mathnasium and landlord.


Property Features and Assets:

Better than buying a new franchise – all the hard work is done. Turn-key opportunity – everything is in place. Simply needs more students. Great location – plenty of parking and centrally located in Kent territory.


Market Competition and Expansion:

Currently have 30 students for the summer. Have had up to 50. There are 28 schools in the Kent School District. Current owner has done no marketing is willing to show what you need to do. Buyer must be approved by landlord and franchiser must attend one week training class in California. Owner will staff school while buyer is in training and will provide one week of additional training. Owner will pay $3,500 transfer fee. Owner also has a second territory from Kent to Renton that he is currently selling but if it is still available he would consider making this available to the buyer at no additional expense.


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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