Profitable & Turnkey Tutoring & Test Prep Business
Not Disclosed, MN Not Disclosed
Twin Cities Metro Area
Seller's Contact Information
- RE: Profitable & Turnkey Tutoring & Test Prep Business
- Contact: Brandon Garcia
Quick Facts
| Asking Price: | $130,000 | |
| Annual Revenue: | $236,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $79,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 947255277 | |
| Broker Reference #: | 15219140-YB |
Business Overview:
OFFERING
Don’t miss this rare opportunity to acquire an established Math Tutoring and College entrance exam prep business with a strong virtual and in-person learning capabilities poised for continued growth in the rapidly expanding tutoring market.
The company has been serving the Twin Cities Metro area for nearly two decades and are highly regarded for their excellent teaching staff, competitive tuition, and commitment to ensuring the optimal development of each student. This is why the Company has been voted “best tutoring center” by the local community for various consecutive years. This very profitable business serves students from elementary to college level math.
BUSINESS HIGHLIGHTS
- People: The Company has professional tutors that include licensed teachers, mathematicians and engineers who are completely comfortable and have a passion for teaching all levels of mathematics, specializing in advance math subjects. There is 10 team members including tutors under Owner’s supervision.
- Place: In-person and Virtual tutoring. The facilities layout is purposefully designed for the enrichment of the students learning success. Located in an affluent district, high-traffic area, and easy to find.
- Services: Unique College entrance exam prep services and math tutoring services that are based on the school-district’s curriculum, allows them to develop a strategic learning experience, custom-tailored towards the needs of their students. Tutoring options include private and small group tutoring, where students meet with the same tutor that best suits their learning style.
- Customers: Majority of business is from repeat students’ year-after-year. Diversified list of customer age groups with no customer concentration issues.
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Market Competition and Expansion:
INDUSTRY TRENDS (1) • Improving economic conditions and rising student enrollment are expected to propel revenue over the five years to 2025. A long-term rise in women's workforce participation has fueled demand for industry services. • As the US economy continues to strengthen, demand for industry services is expected to rise. The heightened college admission competition will likely drive demand for industry services as students continue to seek out ways to improve their college applications. • Industry revenue is projected to expand over the next five years in response to strong demand and plentiful market opportunities. Parents have started enrolling their children in tutoring programs at younger ages to ensure academic success. (1) IBIS World
Reason for Selling:
Personal reasons.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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