For Sale: Established 30-Yr After School/Tutoring/SAT Prep School
Springfield, VA
| Asking Price: | $895,000 |
| Rent: | $12,000 |
| Gross Revenue: | $900,000 |
| Established Year: | 1994 |
Listing ID: 2270078Listing provided by BizBuySell
BUSINESS DESCRIPTION
Tutoring, Exam Prep School For Sale
Established, accredited school specialized in after school, tutoring, SAT prep programs and summer full day, 8-week program. 30 years in business. Accredited with CAGNIA. Well known for college exam prep and tutoring. Roughly 200 students during the school year and 250 students for summer programs. Potential growth in on-line education and recruitment from overseas. Diverse student body. Currently, not much advertising or marketing, mostly word of mouth and referral. All teachers work on a part time basis and got paid by hour with no additional benefits.
DETAILED INFORMATION
Location
Springfield, VA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
5,000
Employees
10
Facilities
5000 square feet with plenty of parking
Competition
Well known in the community
Growth & Expansion
With additional marketing efforts, offering online-education, online exam prep, etc., the school can grow more.
Support & Training
Will train during transition. Most/all teachers will stay to teach.
Reason for Selling
Retiring after 30 years with this business.
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