MergerPlace

Educational Tutoring Center

Pennsylvania


  • Asking Price: $125,000
  • Gross Income: $786,616
  • Cash Flow: $143,696
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $20,000
  • Listing ID: #222089
  • Established: 2008
  • Employees: 2 FT / 29 PT

Business Description

This business has been operating for eleven years. This franchise involves tutoring for students K to 12, supplemental adult instruction in reading, writing, math, and study skills as well as ACT/SAT test preparation. It is a great business for someone who wants to work for themselves, make a difference in a child and family's life, experience very high job satisfaction/reward, and make money.


Business Details

Primary Business Category: Services - Educational
Location: Pennsylvania

Company Information

Year Established: 2008
Home Based: No
Franchise: Yes
Relocatable: Yes
Number of Employees: 2 FT / 29 PT

Financial Information

Asking Price: $125,000
Gross Revenue: $786,616
Cash Flow: $143,696
FF&E: $20,000
Seller Financing Available: No

Property Information

Facilities:

The business is located in a suburban strip center with extremely high foot traffic. It is approximately 2500 sq. ft. in size and is leased space. The lease runs through November 2021 and is transferable and renewable.

Growth & expansion opportunities:

The industry is growing and will continue to do so as a result of the competitive climate within our education system and particularly higher education requirements to obtain acceptance into colleges. In spite of very limited advertising and marketing efforts this business has grown significantly. Their primary source of obtaining business has been through parent and student referrals which is a positive testimony to the quality and satisfaction of the parents and students. The business has been for many years the leader in the tutoring and test preparation industry. The primary competition tends to be individuals that decide they are going to do some tutoring on the side, but it is a total hit or miss approach without a proven method of success that is offered by this business. Many of the other competitors in the industry present a classroom setting for the additional instruction, which again is not nearly as effective as the one to one or in the worst case four to one student/teacher ratio.

Competition:

National competitors in this business are limited, especially in the area this center is located. Primary competition tends to be individuals that decide they are going to do some tutoring on the side. Although helpful and successful at times, it is not nearly effective as the programs offered by this tutoring center being offered for sale.

Reason for selling:

The current owners have decided to sell their franchise location as they enter a time in their life of seeking more time to travel and semi-retirement.

Support & Training:

Will train for 4 weeks @ no cost This franchised tutoring center provides custom individualized instruction or has the option to have students participate in small groups (maximum of 4). During the Covid-19 pandemic, the center was authorized to conduct online tutoring and has been given permission to continue online tutoring. A degree in education is not required to operate the business.

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Business Listed By:

Jack Greenawalt

Murphy Business Brokers