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Quick Facts
Asking Price: | $89,000 | |
Annual Revenue: | $197,000 | |
Net Profit: | $66 | |
Cash Flow: | $66,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2012 | |
Employees: | 5 | |
BBN Listing #: | 636328552 | |
Broker Reference #: | 062121 |
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Business Overview:
Well established tutoring franchise for sale. This franchise is one of the fastest growing in 2021, with no shortage of business to meet the rapidly growing demand for tutoring services. The business model provides a steady recurring revenue, with systems in place to expand the business exponentially.
No experience is required to operate this franchise. As the owner of this operation, you will be connecting qualified tutors in your area with students who are in need of educational services.
This business performed extraordinary well during the pandemic, as many students were taught virtually as well as in person.
With almost a decade in operation, this business has proven itself to be an excellent and consistent source recurring revenue for the owner. The business currently runs as an owner operator model, but has a long- term manager in place, and can easily be run semi absentee. With over 60k cash flow in 2020 with limited hours of operation, this business is poised for massive growth!
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Property Features and Assets:
This business is located in a very busy shopping center located off a main road in Ingham county. The business is highly visible off a main road and looks very attractive to potential walk in customers. The facility itself is very modern and spacious, and has the capacity to cater to a large group of students simultaneously.
Market Competition and Expansion:
Although limited competition for this business exists, the rapidly growing demand for tutoring services far exceeds the number of services available.
Reason for Selling:
Moving Out of State
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