Business Overview:
This franchised center has been in business serving children and families from the local communities of Somerset County for 8 years.
Personal and family commitments have impacted recent business performance. Center has shown positive cashflow in the past. Owner's family has experienced health related issues and must sell. Enrollment in 2022 is on the rise! Great potential for growth by re-instating ACT/SAT test prep services, not available within 7-10 miles. The business serves kids ages K-12, great for anyone who wants to make a difference for children and their families.
The franchise has developed a system to deliver high quality tutoring services in reading, writing and math at family-friendly pricing. It is easy to own and operate. Turn-key business with everything in place, waiting for the new owner to step in and take over!
Strip mall location offers shopping opportunities for parents while children are in session.
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Property Features and Assets:
1300 sq ft of space in a strip mall, completely built-out in current franchise standards. Two instructional areas. Engaging learning atmosphere with several stations for individual instruction in a safe environment.
Assets = $31,200
Market Competition and Expansion:
There are a few direct competitors in the area and some home-based tutors. The franchise business model allows the center to offer quality services at a very affordable price.
Increase marketing to increase center enrollment. Expand services to include standardized test prep classes.
Reason for Selling:
Family health related issues.
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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