Franchised Math Tutoring Center Seller Financing

Not Disclosed, TX
Bexar County

Bexar County


Asking Price: Annual Revenue:
$140,000 $220,000

Services: Education & Training


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RE: Franchised Math Tutoring Center Seller Financing Broker: Tony Keane
Owner Financing is Available!
Owner Financing Terms $90,000.00 Owner Financing Interest 8% Owner Financing Terms Months 48 Owner Financing Monthly Payment $2,197.16

Quick Facts

Asking Price: $140,000
Annual Revenue: $220,000
Net Profit: Not Disclosed
Cash Flow: $50,000
Total Debt: Not Disclosed
FF&E: $10,000
Real Estate: Not Disclosed
Year Established: 2020
Employees: 4
BBN Listing #: 550644107
Broker Reference #: 76931-563876

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Business Overview:

National Franchised Tutoring Service with established instructor team and customers. Customers are treated with the utmost respect and will receive nothing less than first-class service. Staff members do their best to ensure engagement with clients exceeds their expectations. Business offers students tutoring focused on Math to assist with current classes or passing standardized tests. This business has monthly recurring revenues. Revenues annualized for 2022 are estimated at $220K. Currently there are 4 PT instructors plus the owner acting as the director, operating the center. Monthly rent is $3,576 total for 1,260 square feet. Bring your energy to expand this business and take advantage of this opportunity. Sale includes FF&E, Leasehold Improvements and Franchise Fee. There is a Franchise Transfer Fee of $6,000. Buyer will need to be approved by Franchisor and attend training program. Initial start-up costs for this type of franchise are about $149,000 including $49,000 franchise fee. Instead of starting brand new this business includes the existing customer base, ongoing revenue, and staff. This is a great deal to enter the children’s education business with a national franchise behind you. Seller will consider financing to qualified buyer with $50,000 down payment.
The Franchise location was established 2020. This location has a strong staff and lots of growth potential. The owners are looking to relocate and retire.

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Reason for Selling:

retirement

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 a franchise resale opportunity.

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