Seller's Contact Information
- RE: PRICE REDUCED! Mathnasium - Established Franchise
- Contact: Todd Bailey
Quick Facts
| Asking Price: | $58,900 | |
| Annual Revenue: | $249,737 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $36,864 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $6,500 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2011 | |
| Employees: | 7 | |
| BBN Listing #: | 313242615 | |
| Broker Reference #: | 8953-199151 |
Business Overview:
PRICE REDUCED! Experienced staff in place, the profit from this Mathnasium tutoring franchise is augmented exponentially by the satisfaction of improving the academics and lives of young people! As a recognized and respected brand across the USA this tutoring center has contributed to the success of hundreds of students in Wichita over many years. It is found that students who improve one part of their education often expand that improvement into other parts of their education as well as improvement in their overall quality of life. The franchise offers tremendous up-front training as well as ongoing opportunities for franchisees to connect with each other and the home office. The business has staff in place and often places current high school and college students as tutors so turnover is more controllable than in many other businesses.
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Property Features and Assets:
Monthly Rent: $2,984.00
Square Units (Foot, Meter): 1,610
Lease Expiration Date: February 29, 2024, 12:00:00 AM
Market Competition and Expansion:
Competition: There are other tutoring options, both established business as well as private individual, but none have the established and proven systems offered by this franchise.
Expansion: A new owner could increase enrollment by direct contact with schools, teachers, and outreach to parents. The current owner has not been able to spend adequate time on these opportunities for them to be effective.
Reason for Selling:
Retirement
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
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