Popular Tutoring Franchise in Populated Area

Not Disclosed, FL
Flagler County

Asking Price: Annual Revenue:
$99,000 $177,219

Services: Education & Training

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RE: Popular Tutoring Franchise in Populated Area Broker: BIANCA EVANS
Owner Financing is Available!
Owner Financing Terms $25,000.00 Owner Financing Interest 8% Owner Financing Terms Months 36

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

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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: 1353.89 Square Footage: 1156 Building 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 a homebased business opportunity.
  • This is a franchise resale opportunity.

Relevant Links:

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