Tutoring Franchise - Absentee Run

Not Disclosed, CA
San Diego County

San Diego County, CA


Asking Price: Annual Revenue:
$65,000 $129,679

Services: Children - Child Care, Education


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RE: Tutoring Franchise - Absentee Run Broker: Shreeraj Parikh
License #: 01962451

Quick Facts

Asking Price: $65,000
Annual Revenue: $129,679
Net Profit: $19,867
Cash Flow: $19,867
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 718152542
Broker Reference #: Not Disclosed

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Business Overview:

Brief History: After purchasing this under-performing location from the Franchisor in June 2017, the sellers have worked diligently to turn the business around, 2018 financials are a testament to it. The location was making a loss in the year 2016 & 2017, however, the business turned positive in 2018 and continues to grow

Reason for sale: The seller has a second location of the same franchise; however, they have decided to sell the Poway location. The reason for the sale of this location is because, both husband and wife work full-time, and they did not realize the stress and impact this additional business would have on their lives.

Absentee Run Operation: The business is run absentee with a help of a manager, the owners believe that an owner operator would not need a manager and there is potential to grow the business with the owner’s involvement.
Location: The current location for the business is significantly larger than needed, the buyer can relocate the business into a smaller facility starting Jan 2020, saving additionally on expenses.

About the Franchise: The franchise helps your child on their way to success regardless of their skill level. Whether the student needs help with the fundamentals, math, reading, writing, or even SAT & ACT Prep, their tutors will get them pointed in the right direction with all the guidance that they need.

Grade Levels
Kindergarten - 1st Grade
2nd Grade - 5th Grade
6th Grade - 8th Grade
High School

Subjects:
Mathematics, Reading, Writing, Fundamentals, Test & College Prep ACT/SAT, School Support including all AP/Honors subjects - AP Calc, AP Statistics, AP Environmental Science, AP European/US History, AP English Literature, AP Bio, AP Chem, AP Physics, AP Spanish, Algebra, Geometry, Study Skills etc. We also provide Standardized Assessment test prep such as ERB/ISEE/CTP and GATE testing for Gifted and talented students.

Price: $65,000
(Including Inventory. Plus, Franchisor Transfer Fees)

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Reason for Selling:

Health and Family reasons

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.

Relevant Links:

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