Test Prep Tutoring Near High School

Not Disclosed, MD
Montgomery County


Asking Price: Annual Revenue:
$199,000 $250,994

Services: Education & Training


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RE: Test Prep Tutoring Near High School Broker: Erik Woodworth
Owner Financing is Available!
$149,000.00

Quick Facts

Asking Price: $199,000
Annual Revenue: $250,994
Net Profit: Not Disclosed
Cash Flow: $159,330
Total Debt: Not Disclosed
FF&E: $5,000
Real Estate: Not Disclosed
Year Established: 1994
Employees: Not Disclosed
BBN Listing #: 822149765
Broker Reference #: 77441-366222

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Business Overview:

Independent test preparation and tutoring business located in affluent and highly educated Montgomery County, MD. Strategically located within walking distance of both public and private high schools. Emphasis is on preparing students to take college-entrance standardized SAT and ACT tests, but also trains for taking private secondary school entrance exams. Great results and reviews.

Current owner, who is looking to retire, is the main reading instructor. Asking price includes the owner staying on board as full-time consultant for 6-months post-closing for training and to ease the transition.

There is also the opportunity to purchase the building in which the business is located at an additional cost, separately. If you're looking for a well-established profitable business with real estate available, please inquire now.

Seller financing offered!

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

The current owner founded the business over 25 years ago.

Market Competition and Expansion:

Business could be expanded substantially by hiring and training more tutors who could focus on other high schools in Maryland counties such as Montgomery County, Howard County and beyond, not to mention Washington DC or northern Virginia. Also, there is an opportunity to focus on additional tests than the core SAT / ACT tests in which this business currently specializes.

Reason for Selling:

Retiring

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 not a franchise resale opportunity.

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