Seller's Contact Information
- RE: Tutoring Franchise ReSale-Tarrant County
- Contact: Moon Kim
- License #: 567204
Quick Facts
| Asking Price: | $1,590,000 | |
| Annual Revenue: | $1,432,398 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $482,026 | |
| Total Debt: | Not Disclosed | |
| FF&E: | 20,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2014 | |
| Employees: | 41 | |
| BBN Listing #: | 402419188 | |
| Broker Reference #: | 001276 |
Business Overview:
Tutoring Franchise for Sale! Are you seeking a business opportunity with history, success, and huge growth potential? If so, this established franchise learning center in Tarrant County could be your ideal investment.
This highly respected franchise has been developing excellence in education services for over 40 years. In 2014, the current owner purchased this franchise location from corporate and has since grown it to one of the top 5 highest-performing centers out of approximately 550 locations nationwide. In 2022, this business has achieved a nearly 60% increase in 2022 from 2020.
This business offers remedial and enrichment instruction for K-12 students in reading, math, writing, study skills, SAT/ACT prep, and more. There is a very strong market for these services as competition for college admissions becomes more intense. Operating from about 2,500 sf facility situated in a high-traffic location in an upscale area of Tarrant, allowing ease of access and ample space to serve its impressive customer base of 220 students and growing. This customer base comprises families with post-secondary education and incomes above $60K. However, there’s also a huge demographic range covering all educational levels willing to pay for the quality services offered by this learning franchise.
There are online markets & brick-and-mortar competitors that offer generally less expensive services – but the quality doesn’t compare when it comes to producing the measurable academic growth that this center delivers. This business excels in identifying gaps in a student's education through an in-depth initial assessment and employs passionate and certified teachers to address them. Most competitors in the immediate marketing area do not require their instructors to be certified teachers. Individuals from non-teaching backgrounds can become instructors at competing businesses and lack the proper training and tools to identify and address gaps in student education. Differences such as these are communicated to families by the Directors of this learning center to draw in additional clientele.
There is huge growth potential as Directors continue to gain knowledge in proficiency in capturing more of the available market. Lucrative institutional contracts with public and private schools can be secured to boost revenues significantly. More Directors will be needed to maintain the level of growth that has already been achieved and will continue to achieve.
A potential owner with management experience will be able to continue to drive growth when taking over ownership due to the established reputation this business has built with high customer satisfaction and positive reviews. If you’re looking for an opportunity to become part of one of the leading learning centers in the country with plenty of room for expansion, don’t miss out – contact us today!
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Property Features and Assets:
The facility is 2,533 sf, providing adequate space for students and employees for daily operations. The location is ideal for its proximity to several schools attended by students K-12 and densely populated residential neighborhoods. This business doesn't require much equipment outside of routine office supplies and IPADs used for instructional purposes. / Inventory: $2,000 (Included in listed price).
Market Competition and Expansion:
Competition: Few competitors are within the immediate market area and online. Other competitors boldly claim to offer similar services for less but fail to deliver the quality of education this business offers and often cover fewer subjects. This franchise is the only specialized learning center that has a diverse range of services, with a customized learning experience according to each student's needs. / Growth and Expansion: Currently, growth is being achieved with additional instruction times being used to serve a growing number of students. Since this service-based business requires very little equipment, it's feasible to move the business to a larger facility that can be leased to accommodate even more students and instructors. Growth is likely to be naturally achieved as the DFW population continues growing rapidly.
Reason for Selling:
Other business opportunities.
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
Documents:
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