Independently Owned Community Based Tutoring Center
Oregon
| Asking Price: | $160,000 |
| Gross Revenue: | $170,705 |
| FF&E: | $35,152 |
| Cash Flow: | $53,814 |
| Rent: | $1,530.5 |
| Established Year: | 2009 |
Listing ID: 2290417Listing provided by BizBuySell
BUSINESS DESCRIPTION
This learning center was developed in the community for the community. Parents are committed to help their school age children grow and improve through participation in this learning program. Each student is assessed and a custom lesson plan is created weekly which focuses on areas of opportunity for each student. Progress reports are delivered weekly. A team of talented tutors enables learning through positive support and encouragement in a great learning environment. Here's an opportunity for a new owner to take what the founder started and grow.
DETAILED INFORMATION
Location
Oregon
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,350
Lease Expiration
20/12/2026
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The business was sparked by the owner through a business model created as a masters thesis. The owner started with the foundation and refined and developed curriculum to help kids improved in each subject. The business grew the first 6 years. The owner expanded the business, taking over an adjoining store front. The high school program ran for 8 years. Then Covid hit and impacted the business significantly. The owner phased out of the adjacent space and focused on the primary space to rebuild the business. This business has a great reputation
Competition
85% of business comes from parents referring other parents. The other 15% come from folks using the internet to find the center. Marketing is the biggest opportunity to fuel growth. A huge area of opportunity is reaching homeschool students and students doing on line curriculum programs with Baker Web Academy, Summit Learning and other on line learning platforms. Additionally, 3rd and 4th graders from the Covid period have experienced the most impact from a deficit in learning and development. Targeting those families creates more opportunity.
Growth & Expansion
Kumon and Sylvan learning are in Portland and are corporate franchise programs that have a systematic learning plan. There are very few organizations and programs to serve the local community. There are some non-profit organizations that participate in growth and development through volunteer support. This is an alternative and not necessarily competition. This center assesses each student and creates a personalized custom lesson plan that is crafted specifically to target specific growth areas.
Reason for Selling
Owner pursuing other interests
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