Tutoring, College Prep & Homework Support

Omaha, NE
Douglas County

Asking Price: Annual Revenue:
$790,000 $1,069,023

Services: Children - Child Care, Education

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RE: Tutoring, College Prep & Homework Support Broker: Seller of Business
Owner Financing is Available!
Purchase Price: $790,000 12% Buyer Down Payment: $94,800 13% Seller Financing: $102,700 75% Bank Loan: $592,500 A 12% down payment of $94,800 returns $222,757 in the first year after debt payments!

Quick Facts

Asking Price: $790,000
Annual Revenue: $1,069,023
Net Profit: Not Disclosed
Cash Flow: $339,449
Total Debt: Not Disclosed
FF&E: $54,480
Real Estate: Not Disclosed
Year Established: 20 years
Employees: 40
BBN Listing #: 757834398
Broker Reference #: CCI001

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Business Overview:

A 12% down payment from the buyer will return $222K in the first year after debt payments! There are three locations, with management and a full staff at each. This business has been serving the Omaha, Sarpy County, and Lincoln areas for 20 years. Each location has two full-time directors and 10-15 part-time instructors with 45-60 students at each location. The business is more than fairly valued, at a 3 multiple on over $325K in cash flow. The true pricing reflects a savings over $220K from the actual business valuation! Part of a national franchise with locations across the globe, these three educational centers are the only ones in Eastern Nebraska and are dedicated to helping students succeed. Services include academic coaching (75%) college prep and homework support (20%) and STEM (5%).

The seller currently oversees operations and assists as needed. Requiring pre-payment or an auto payment plan in place, this center has over $40,000 in the pipeline. This business boasts an average sale size around $3,000 for core academic programs with approximately 45-60 students at each location. 2018 carried a 24% profit margin!

Growth opportunities include advancing test prep in private school systems, adding satellite locations, and getting more involved in the local communities. Offering a variety of educational services, this team of dedicated teachers provide students with the individualized education they need to unlock their potential in the classroom and beyond.

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Property Features and Assets:

Offices, lobby, instruction rooms, storage room, etc. Location 1: 1,185 square feet; Location 2: 2,700 square feet; Location 3: 2,588 square feet

Market Competition and Expansion:

Growth Opportunities: Advancing test prep in private schools, adding satellite locations, and getting involved in the local communities

Reason for Selling:

New ventures

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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