Business For Sale

Franchised Test Prep - Learning Ctr - Nice Area

Not Disclosed, MA
Middlesex County

Northern Middlesex County

Asking Price: Annual Revenue:
$250,000 $540,000

Services: Education & Training

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RE: Franchised Test Prep - Learning Ctr - Nice Area Broker: John Coto
Owner Financing is Available!
Business is a candidate for SBA financing. Small amount of Seller Financing, negotiable.

Quick Facts

Asking Price: $250,000
Annual Revenue: $540,000
Net Profit: Not Disclosed
Cash Flow: $116,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2004
Employees: 14
BBN Listing #: 77119624
Broker Reference #: ABB425

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Business Overview:

This business is a local franchisee of a nationwide network of about several hundred centers providing tutoring and test prep services. This center opened 2004 and therefore is very well known to the communities they serve. The towns served consist of a demographic population with the financial ability to use tutoring and test prep services for which this franchise network has earned an excellent reputation. This business is priced attractively, since starting a new center is estimated to require an investment of approximately $200,000. During the 3-year period of 2016-2018, the business has had average annual sales of $540,000 with discretionary earnings of $116,000 during the same period. This business can provide an owner with an opportunity to receive personal rewards as they provide a needed service in the local community as well as current financial rewards with opportunity for growth. This is a “top 50 franchise” according to Franchise Business, Review. A buyer will receive full training, on-going support, an established business, immediate income, a business that is a candidate for SBA-backed financing, all at a fair market price.

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Property Features and Assets:

The business leases approximately 3200 sq. feet with off street parking in a strip mall.

Market Competition and Expansion:

Market leader. Tutoring in the U.S. is a $4.9 billion dollar industry and is projected to reach $5.2 billion by 2021. Exam Prep and Tutoring ranks #8 on a list of “Best Industries for Starting a Business”. More parents are paying for tutors for their children, and spending on tutors is growing at more than 5 percent a year. Growth & Expansion: May be achieved by (1) increased marketing and sales promotion; (2) hiring additional staff

Reason for Selling:

Pursue another business opportunity

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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