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- RE: PROFITABLE Franchise Learning Center
- Contact: Matt Friscia
Quick Facts
Asking Price: | $300,000 | |
Annual Revenue: | $456,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $111,375 | |
Total Debt: | Not Disclosed | |
FF&E: | $20,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2008 | |
Employees: | 24 | |
BBN Listing #: | 367262804 | |
Broker Reference #: | 041621-401818 |
Business Overview:
PROFITABLE franchise learning center in far north suburbs
The business comes with 10+ years of history that is profitable with a lot of opportunity to still grow. Their strong name within the educational tutoring and exam prep space is support by a thriving and very active co-op advertising group among the Chicagoland franchisees. Public funds make up over 10% of the center's revenue from the schools within the trade area of this location. The business continues to hold its value with a name that is at the top of the field. The current owner only works 30 hours a week and is willing to stay on part-time as part of the transition. There are strong employees that have been with the business for awhile. Be it center group learning, exam prep, subject tutoring, or school related programs tied to government funds, there are many diversified revenue streams for this business. Call today to learn more about this well priced deal. The current cost just to open a new franchise for this brand without any students or staff is between $150k and $275k. This business comes with 14 years of history and a good staff! Inquire within for more information.
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Property Features and Assets:
Monthly Rent: $3,100.00
Square Units (Foot, Meter): 2,400
Lease Expiration Date: December 31, 2023, 12:00:00 AM
Terms Options: option to extend for 5 years
Market Competition and Expansion:
Expansion: Seemingly limitless if promoted properly while also going after more potential business with nearby schools, public funding, and usage of the franchise marketing systems that are only partially in place currently.
Reason for Selling:
Moving on to other, current business ventures
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
Relevant Links:
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