Tutoring Business - Price Reduced for Quick Sale

Not Disclosed, NJ
Somerset County

Somerset County

Asking Price: Annual Revenue:
$50,000 $95,436

Services: Education & Training

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RE: Tutoring Business - Price Reduced for Quick Sale Broker: Cheryl Venezia

Quick Facts

Asking Price: $50,000
Annual Revenue: $95,436
Net Profit: Not Disclosed
Cash Flow: $36,811
Total Debt: Not Disclosed
FF&E: $15,000
Real Estate: Not Disclosed
Year Established: 2014
Employees: 7
BBN Listing #: 50714955
Broker Reference #: 3407-17124

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Business Overview:

Due to health issues the owners are looking for a quick sale.

Enrollment in 2022 is on the rise, and Center is performing well, with $37K of cash flow Sept YTD 2022

This franchised center has been in business serving children and families from the local communities of Somerset County for 8 years.

- Programs and curriculum in place for K-12 in reading, writing and math

- Reliable and experienced staff provides one-to-one instruction

- Loyal customer base with growing enrollment in 2022

- Conveniently located in a busy shopping plaza

- Proven system delivers high quality services at family-friendly pricing.

- Franchise provides training, no teaching experience is necessary.

- Great potential for growth by re-instating ACT/SAT test prep services, not available within 7-10 miles.

Great turn-key and fulfilling opportunity for anyone who wants to make a difference for children and their families.

Easy to own and operate. with everything in place, waiting for the new owner to step in and take over!

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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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