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Franchised Tutoring Center Make A Difference For Sale

Texas, US
Asking Price:
$100,000 (USD)
Sales Revenue:
$160,000 (USD)
Cash Flow:
Available on request

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 are expected to hit $160K. Currently there is a director plus 4 PT instructors operating the center. Monthly rent is approximately $4,500 (NNN) for 1,300 square feet. Bring your energy to expand this business, take advantage of this opportunity. Sale includes FF&E, Leasehold Improvements and Franchise Fee. Franchise Transfer Fee is $6,000. Initial start-up costs for this type of franchise range from $113,000 to $149,000 including $49,000 franchise fee. This priced as a new start-up but includes existing customer base, ongoing revenue, and staff. This is a great deal.
The Franchise location was acquired in January 2021 and was purchased to provide an opportunity for the owner’s son, however, the son decided to go back to school to further his education. The owner has several of these franchises and wants to concentrate on those locations as this was intended to be operated and managed by his son. Since purchasing this business this location’s monthly revenue has grown over 16%. The location continues to grow with over 35 monthly students.
Located in a high income area great for growth.

Business Operation

Reasons for selling:

personal

Trading hours:

M-T: 12:00 PM – 6:00 PM Friday, Saturday & Sunday: CLOSED

Employees:
5

Other Information

Support & training:

1 week

Owner financing:
Owner financing is available. Please contact the seller for more information.

Contact Transworld Business Advisors of Houston

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