NOT DISCLOSED, California
| Asking Price |
$180,000 |
Year Established |
2012 |
|
| Annual Revenue |
$292,000 |
Reason for Selling |
Retiring |
|
| Annual P/L |
$89,000 |
Attention |
Austin Dinh |
|
| Annual Cash Flow |
$89,000 |
Listing Number |
1015041 |
|
| # of Employees |
15 |
Business Category |
Services: Education & Training |
|
Business Overview:
Well-established franchised learning center providing math and English instruction for 14 years. The center serves approximately 150 subjects at an average tuition of $210 per subject, with enrollment continuing to grow.
The owner works approximately 40–50 hours per week and manages staffing, scheduling, finances, enrollment, and parent conferences. The business employs 15 part-time staff, including five qualified instructors who teach small groups of four to six students.
Royalty fees are approximately $34–$35 per subject per month, plus a $1 monthly marketing fee. Both the Franchise Agreement and lease include five-year renewal options. The franchisor requires the buyer to be an active owner-operator.
The seller will provide 30 days of training and transition support. Buyer franchise fees total $9,000, including:
* Booklet Security Deposit- $3,000
* Grand Opening Marketing Fee- $4,000
* Initial Franchise Fee- $1,000
* Transfer Training Fee of $1,000 that will be credited back to buyer's first statement
Clean books. NDA and proof of funds required.
OFFICE ID 5732 AD
Property Features and Assets:
Market Competition and Expansion:
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