Prep Center in College Town

Not Disclosed, NE
Lancaster County

Asking Price: Annual Revenue:
$495,000 $433,273

Services: Children - Child Care, Education

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RE: Prep Center in College Town Broker: Seller of Business
Owner Financing is Available!
Purchase Price: $495,000 12% Buyer Down Payment: $59,760 13% Seller Financing: $64,740 75% Bank Loan: $373,500

Quick Facts

Asking Price: $495,000
Annual Revenue: $433,273
Net Profit: Not Disclosed
Cash Flow: $164,283
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 20+
Employees: 14
BBN Listing #: 927334398
Broker Reference #: CCI004

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Business Overview:

This Lincoln tutoring center earned over $400,000 in 2018 with a 38% profit margin! Part of a national franchise with locations across the globe, this serves Lincoln and the surrounding areas. Services include academic coaching (75%) college prep and homework support (20%), as well as STEM education (5%). There are two full-time directors and 10-15 part-time instructors educating and testing 60 students throughout the year. The owner currently oversees operations and assists as needed but is not always needed on site as the directors manage day-to-day operations.

Requiring pre-payment or an auto payment plan in place, this center has over $5,000 in the pipeline. This business boasts an average sale size around $3,200 for core academic programs with approximately 60 students.

Growth opportunities include advancing test prep in private school systems, adding satellite locations, and getting more involved in the local communities. Offering a variety of educational services, this team of dedicated teachers provide students with the individualized education they need to unlock their potential in the classroom and beyond.

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Property Features and Assets:

Equipment: Computers, Furniture & Fixtures Intangible Assets: Positive reputation and proven success record, trusted program

Reason for Selling:

New Ventures

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

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