Awesome Tutoring Service In Atascocita
Humble, TX Harris County
Seller's Contact Information
- RE: Awesome Tutoring Service In Atascocita
- Contact: Tony Keane
Quick Facts
| Asking Price: | $225,000 | |
| Annual Revenue: | $220,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $34,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $25,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 453344107 | |
| Broker Reference #: | 76931-355294 |
Business Overview:
National Franchised Tutoring Service with established management team and customers. Customers are treated with the utmost respect and will receive nothing less than first-class service. Staff members do their best to ensure engagement with clients exceeds their expectations. Business offers students tutoring focused on Math to assist with current classes or passing standardized tests. This business has recurring revenues monthly. Revenues for 2021 were $220K with a positive net cash flow of $34K. Currently there is a director plus 5 PT instructors operating the center. Monthly rent is approximately $3,900 (NNN) for 1,300 square feet. Bring your energy to expand this business and take advantage of this opportunity. Sale includes FF&E, Leasehold Improvements and Franchise Fee. There is a Franchise Transfer Fee of $6,000 and Buyer will need to be approved by Franchisor and attend training program. Initial start-up costs for this type of franchise are about $149,000 including $49,000 franchise fee. Instead of starting brand new this business includes the existing customer base, ongoing revenue, and staff. This is a great deal to enter the children’s education business with a positive cash flow from day one.
The Franchise location was acquired by the current owner in 2020. This location has a strong staff and lots of growth potential. The owner has several of these franchises and wants to concentrate in the Austin market. Since purchasing this business this location’s monthly revenue has grown. The location continues to grow.
Focus on STEM programs provides this tutoring center an advantage over other learning centers.
Good potential growth through expansion of relationships and hours.
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Reason for Selling:
other business interests
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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