Business For Sale

Franchise Tutoring & Education

Not Disclosed, IL
Lake County

Chicago Suburbs

Asking Price: Annual Revenue:
$100,000 $146,226

Services: Children - Child Care, Education

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RE: Franchise Tutoring & Education Broker: Jim Peddle
License #: Registered in IL
Owner Financing is Available!
$28,000 seller note

Quick Facts

Asking Price: $100,000
Annual Revenue: $146,226
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2014
Employees: 10
BBN Listing #: 481850522
Broker Reference #: PB16136

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Business Overview:

Playbook Advisory has been engaged to sell the assets of an established tutoring services franchise that serves several affluent Northern Illinois cities. The franchise as a whole serves the entire United States and is backed by over 35 years of experience and an excellent reputation. The franchise boasts stellar reviews across multiple social media channels in every state it operates in. The financials include start up expenses and costs from opening the location. The revenues for the first quarter of 2018 are $45,788, a 25.3% increase over the first quarter of 2017.

The Company specializes in academic services for students of all ages from kindergarten to high school students. The Company offers academic tutoring, test prep, academic evaluation, and many other related services. The tutoring plans offered are easy to customize and schedule according to client needs. The Company is very conveniently located in the heart of its community, directly across from a local high school. With a team of certified tutors, the Company offers only the best in academic services and has been accredited by the Middle States Association of Schools and Colleges since the 1990s.

Interested buyers are required to execute an electronic NDA and send a LinkedIn profile or resume for screening prior to the disclosure of the name and location of the Company.

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Property Features and Assets:

The Company operates out of a single facility in a high traffic area near several schools. It has 1,471 sq/ft of space dedicated to tutoring its clients.

Market Competition and Expansion:

Competition in the area is significant, though this has not negatively impacted the market share of this location. The franchise brand is such that consumers recognize it as a leading high-quality provider in the industry. Revenues generated from each advertising channel have not been analyzed. This may be an area where a new owner can optimize marketing resource allocation to improve profitability.

Reason for Selling:

Health Reasons

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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