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Exceptional Tutoring Center

Los Angeles, CA
Asking Price:$75,000
Rent:$8,000/Month
Established Year:1998
Gross Revenue:$350,000
FF&E:$125,000
Listing ID: 2195237Listing provided by BizBuySell
BUSINESS DESCRIPTION

25+ years in same location

Located in a prime high traffic part of San Fernando Valley, this tutoring center has been serving students from 75+ schools for more than 25 years. A full-service K-12 Learning Center, it is part of a nationwide network of franchised locations. The market for tutoring services has never been larger, as students still recover from the impact of the COVID pandemic. If your dream is to help students achieve academic success by providing a nurturing environment in which they can build their skills and confidence, you have found the right place. Seller owns several other locations, resides out of state, and wants to turn over ownership to someone local who can fully represent the Center in the local market.

DETAILED INFORMATION
Location
Los Angeles, CA
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,000
Lease Expiration
28/02/2029
Employees
10
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The center was completely renovated in 2020. It includes several smaller rooms for individual tutoring or assessments as well as a larger space with separate workspaces for students. There are two offices, as well as a bathroom and a small kitchen. A complete set of extensive curriculum is included. The usual office equipment - computers, printers, telephones, etc... are also included.
Competition
Despite the efforts of schools to remediate the effects of the pandemic the past couple of years, both state and national academic testing still show students 6-9 months behind in both math and reading. In addition, due to an increased awareness of learning disabilities, more students are being tested and referred for academic support. Though the center is able to provide online tutoring, (which is where most of the competition lies), parents often seek us out because they prefer in-person, so having a signfiicant brick and mortar presence is important.
Growth & Expansion
There are massive growth opportunities available for someone who is local and can build relationships with the local schools. Additionally, there are new opportunities in accessing state and federal funds to provide tutoring for low-income and disadvantaged students.
Support & Training
As a franchise, the franchisor provides extensive initial as well as ongoing training and support. The owner will be available as needed to help with the transition. They own other locations and will continue to be a part of the franchise system.
Reason for Selling
With multiple locations in several states, the owner would like to reduce his wo
Franchise
This business is an established franchise
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Greg K
Greg K