Highly Awarded, Non-Franchise, Money Making, Math Tutoring Center in South Bay Area
Total Purchase Price: $500,000 2019 Revenue: $439,000 2019 SDE: $208,000 (non-teaching owner). The SDE for a teaching Owner, would be closer to $238K
Two Locations in South San Francisco Bay Area
This non-franchise, math tutoring/coaching center is well established, and its students have gone on to win numerous national awards in Math competitions. It is in a highly desirable area of Bay Area where education is highly valued and there is a lot of demand for their services.
There are two locations that are being sold together. In addition, buyer will have the opportunity to expand by opening additional locations.
This business has done well for the past five years and is poised for growth.
Sellers Discretionary Earnings is the amount of money a full-time working owner would have made if they purchased both locations without a loan and worked full-time in the business.
Only the city business license is required to operate this business. All required curriculum and teaching materials are included in the sale.
Business is using approximately 1,250 SF leased space at each location
It is expected that the business will qualify for an SBA loan with about $200K down payment
Confidentiality of this transaction is paramount. So, if you wish to pursue this opportunity, please complete the confidentiality agreement and Buyer Profile from http://www.acaciagroupinc.com/nda-acacia136.pdf and fax them to us at (408) 852-4358. Without receiving the completed forms no further information can be disclosed.
Opportunity for further growth