MergerPlace

SE SD Supplemental Educational Business

South Dakota


  • Asking Price: $429,000
  • Gross Income: $679,483
  • Cash Flow: $183,619
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #206293
  • Established: 1995
  • Employees: 2 FT/ 35 PT

Business Description

This business offers personalized tutoring, academic coaching and advancement/test prep services. Whether a student is struggling or over achieving, this concept provides services to accommodate all areas.


Business Details

Primary Business Category: Services - Educational
Location: South Dakota

Company Information

Year Established: 1995
Home Based: No
Franchise: Yes
Relocatable: Yes
Number of Employees: 2 FT/ 35 PT

Financial Information

Asking Price: $429,000
Gross Revenue: $679,483
Cash Flow: $183,619
Seller Financing Available: No

Property Information

Facilities:

This offering consists of three locations. Two of the locations have been operating for three plus years each. One location has been operating for over twenty-three years. This franchise is one of the largest and most well-known franchises in its industry. All three locations are leased. Each location's lease space ranges from 800 sq.ft. to 3,500 sq.ft. per location. The largest space is located in an office park complex. The two smaller locations are in or near educational facilities.

Growth & expansion opportunities:

This concept offers great opportunities for expansion. Satellite offices could be added to service other territory in unbranded locations such as: schools, libraries, community centers, etc. The seller has been and will be willing to share some excellent ideas to continue to grow this business. A map of the current territory with boundaries outlined will be available for qualified buyers.

Competition:

There is competition in this industry. However, this "brand" is second to none. With the training, support and guidance the franchisor offers, this brand is very competitive. In most supplemental education markets, this concept overwhelmingly dominates.

Reason for selling:

The seller would like to exit this industry to pursue other noncompeting interests.

Support & Training:

Will train for 2 weeks @ no cost. The franchisor provides an in-depth training program for all franchisees. In addition, ongoing support and training is available via your franchise consultant and periodic educational conferences hosted by the franchisor. Some other forms of training are delivered to the franchise community through: a local marketing specialist, a four day intensive in person training during the business transfer, online training and training over the phone. A new buyer will be well taken care of.

Contact Business Seller

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Business Listed By:

Bryan Mulder

Murphy Business Brokers