Seller's Contact Information
- RE: Tutoring Business - Revenues Up 142%
- Contact: Cheryl Venezia
Quick Facts
| Asking Price: | $40,000 | |
| Annual Revenue: | $128,848 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $28,294 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $15,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2014 | |
| Employees: | 7 | |
| BBN Listing #: | 50714955 | |
| Broker Reference #: | 3407-17124 |
Business Overview:
Education is big business - especially now. Parents are looking for their children to improve skills impacted by virtual learning environments, willing to pay for quality supplemental support not received in the classroom.
Enrollment in 2023 is on the rise, the Center is performing well, rebounding from the impact of Covid with a 142% rise in revenues in 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!
Due to health issues the owners are looking for a quick sale and willing to hold $10,000 in Seller Financing
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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 homebased business opportunity.
- This is a franchise resale opportunity
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