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Business For Sale

TUTORING CLUB FRANCHISE IN SANTA MONICA

Attn: Matthew Louis
Santa Monica, CA, USA
Listing Number: "BizEx81-ML"
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Asking Price: $60,000 USD USA Dollars
Business for Sale Industry: Services: Education, Training  
Reason for Selling: Illness
Year Established: 2004
# of Employees: 0 Full Time; 3 Part Time
Yearly Revenues: $86,078
Yearly Cash Flow: $$10,576
Monthly Payroll: $1,300
 

Business for Sale Overview:

For sale is a Tutoring Club franchised education center, located in Santa Monica, CA, that provides tutoring services to children from grades K to 12. The current owner is selling the business due to personal illness. Sales are down due to the owners' illness however the business has already demonstrated significant upside potential. This proven and successful franchised business system differentiates itself from other tutoring businesses by providing its clients guaranteed results. Tutoring Club guarantees to raise a student one full grade level (ie. from 3rd grade to 4th grade) in a given subject through completing a 32 hour tutoring session. Educational experience is not necessary since Tutoring Club's TutorAid Software makes all educational decisions and manages all student information by creating, monitoring, and updating lesson plans daily. These lesson plans are implemented by qualified tutors.The business obtains new students / clients through local advertising and networking within the community. The ideal new owner is someone who has a sincere desire to work with children and their families. The business has been operating for 4 years and the current owner has operated the business for one year. . In addition to training by the franchisor, the Seller will be available to train a new owner on how to run and how to locally market the business successfully. Interested parties should register as a buyer online at www.BizEx.net or call Matthew Louis at ext. 112 for more details on this exciting opportunity.


Property Features and Assets:

High volume street traffic location in Santa Monica with great frontage.


Market Competition and Expansion:

Supported by a successful franchiser whose concept has many successful franchisees. Owner's marketing efforts in the local community has a direct and significantly positive result on the business. High gross margins (70%) which includes the franchise fees that allows owner to allocate marketing dollars effectively. Prime territory with ideal demographics. Recession resistant business as parents will spend on their kids education over other discretionary items such as vacations. Center has about 80% upside in terms of number of students served.


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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