Tutoring Center - Serving Upscale Communities

Not Disclosed, NJ
Morris County

Asking Price: Annual Revenue:
$169,000 $224,468

Services: Education & Training

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RE: Tutoring Center - Serving Upscale Communities Broker: Cheryl Venezia
Owner Financing is Available!
$100K down / $69K over 36 mos. @ 6%

Quick Facts

Asking Price: $169,000
Annual Revenue: $224,468
Net Profit: Not Disclosed
Cash Flow: $81,177
Total Debt: Not Disclosed
FF&E: $17,000
Real Estate: Not Disclosed
Year Established: 2017
Employees: 10
BBN Listing #: 25574955
Broker Reference #: 3407-16501

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Business Overview:

Make money by helping others! Education is big business. Parents are willing to spend whatever it takes to help their children do better in school - now more than ever.

This franchise has developed a low-cost system for delivering high quality enrichment and remedial instruction to students at all ages. You will beat the competition on price while providing high quality instruction with this proven curriculum.

Professional business offering a valuable service to a growing market.

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Property Features and Assets:

1456 sq ft well appointed center with two instructional areas. Engaging learning atmosphere with several stations for individual instruction in a safe environment. Assets = $47,000.

Market Competition and Expansion:

There is one direct competitor in the area and a few home-based tutors. The franchise business model allows the center to offer quality services at a very affordable price. Many customers come from the competitors that couldn't deliver results. This is a strong competitive advantage. Very desirable demographic for this type of business in a prominent location. Increase marketing and hours of operation to support remote learning models.

Reason for Selling:

New business ventures/family reasons.

Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

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