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- RE: TX: In-home & Online Tutoring Franchise
- Contact: Austin Zhao
Quick Facts
Asking Price: | $45,000 | |
Annual Revenue: | $77,290 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $27,459 | |
Total Debt: | Not Disclosed | |
FF&E: | $150 | |
Real Estate: | Not Disclosed | |
Year Established: | 2019 | |
Employees: | 10 | |
BBN Listing #: | 938765 | |
Broker Reference #: | 76931-203160 |
Business Overview:
Club Z! Tutoring is an in-home and online tutoring service company. It offers tutoring in the following subjects: Math, Science, Test Prep, Foreign Languages, Reading, Writing, Pre-K, Music Lessons, and Study Skills. There are over 375 franchised locations in North America. This location being listed for sale is in the northern part of the Great Houston metropolitan area. Tutoring sessions are done at home, online, or at another agreed-upon location. The Tutoring Services in this location includes test preparation sessions, homework help, tutoring for grades K–12, ACT and SAT prep, and coding and stem classes. These sessions are conducted by qualified tutors. Owners do not provide tutoring personally. Tutors follow the teacher's lead and curriculum to ensure students show improvement in their classes. The revenue in 2023 was $77,290.55 with a SED of $27,459.85. 80% of sales are on-site, and 20% of sales are online. Currently, it has about 20 students. 50% are elementary; 20% are middle school; 30% are high schoolers or SAT. Among the 10 part-time teachers, 8 are certified teachers. Most of the revenue is from school years. Summer is a slow season.
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Property Features and Assets:
FF&E Overview: there is not much FF&E as it is a home-based business.
Market Competition and Expansion:
Competition:
o Brand recognition in the area, returning clients and referrals.
o Marketing partnership with Local ISD.
o Home-Based Flexible Business.
o Rewarding work, helping students achieve their academic goals.
o Staff of qualified tutors, all are 1099 - Independent Contractors
o Low Overhead, no brick-and-mortar expenses
o Approved to accept SSES TEA grants through class wallet.
Expansion: This franchise location is in a fast-growing area, there is big potential in this kind of in-home and online tutoring services. More proactive marketing will bring more clients. Working more closely with the local ISDs is the biggest growth opportunity.
With the SSES TEA grant, parents can receive up to a $1500 grant per child with special learning needs.
Reason for Selling:
Health Issue
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is a franchise resale opportunity
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