Seller's Contact Information
- RE: Popular Tutoring Franchise In Populated Area
- Contact: BIANCA EVANS
Quick Facts
Asking Price: | $99,000 | |
Annual Revenue: | $177,219 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $69,889 | |
Total Debt: | Not Disclosed | |
FF&E: | 12,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2010 | |
Employees: | 10 | |
BBN Listing #: | 270918747 | |
Broker Reference #: | 7101444268 |
Business Overview:
MOTIVATED SELLER!!! Established Kumon Franchise (12 years) in a highly populated suburban area with a great reputation and solid customer base. The Center covers a large territory (~45 mile radius) and has excellent growth potential. Turnkey business, cheaper than opening a new location, immediate income opportunity. Current Owner works about 20 hours per week offering in-person and virtual classes twice a week on Mondays and Thursdays and conducting parents’ conferences, lesson planning, new student orientation and testing on non-class days. Strong franchise support and training will enable Purchaser to step in and hit the ground running. Seller is offering generous financing for qualified buyers. The Franchise allows for an investor acquisition as long as there is a qualified manager in place. Successful franchisee candidates must have the following qualifications:
• A Bachelor’s college degree
• U.S. Citizen or Permanent Legal Resident (Green Card)
• Liquidity of $70,000 and net worth of $150,000 minimum
• You must be proficient in math and reading
Please refer to listing number 7101444268, business broker Bianca Evans 904-254-7846 when inquiring about this listing.
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Property Features and Assets:
Lease/Month: 1353.89Square Footage: 1156Building Type: Strip Terms & Options:Expiration Date: 6/23/2023
Market Competition and Expansion:
Non Compete: Miles: 50 Years: 5
Reason for Selling:
Other Business Interest
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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