Educational Tutoring & Test Prep Business

Morristown, NJ
Morris County


Asking Price: Annual Revenue:
$550,000 $754,393

Services: Children - Child Care, Education


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RE: Educational Tutoring & Test Prep Business Broker: Lee Ossin
Owner Financing is Available!

Quick Facts

Asking Price: $550,000
Annual Revenue: $754,393
Net Profit: $190,043
Cash Flow: $190,043
Total Debt: Not Disclosed
FF&E: $30,000
Real Estate: Not Disclosed
Year Established: 2010
Employees: 45
BBN Listing #: 840130812
Broker Reference #: Tutoring400-04377

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Business Overview:

Educational tutoring service that helps students K-12 learn for the purposes of enrichment, performing better in school, performing better on exams and for the purposes of assisting with college entry. Business has over 40 tutors and administration personnel. The majority of the tutoring takes place in person, however a new owner could increase the amount of virtual learning and tutoring. Business has a great location with inexpensive rent and plenty of room for expansion. Buyer does not need to have an education background, but any experience is a plus!

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Property Features and Assets:

Well-located facility with a central location and inexpensive rent.

Market Competition and Expansion:

Lots of room for expansion especially if a new owner wants to take the business to additional locations or to have a more virtual presence.

Reason for Selling:

Relocation

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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