Knoxville Tutoring Franchise *Price Drop - Best Offer*
Knoxville, TN
| Asking Price: | $75,000 |
| Established Year: | 2012 |
| Gross Revenue: | $103,454 |
Listing ID: 2262342Listing provided by BizBuySell
BUSINESS DESCRIPTION
Our Tutor Doctor Knoxville branch provides in-home, 1-on-1 tutoring for students of all ages in the Knoxville area. Our personalized approach gives you a chance to make an enormous difference in the lives of families struggling to help their children or themselves get the education they deserve. The franchise network provides extensive training and infrastructure for any owners new to the business ownership who might require more guidance.
Reason for selling: Owners experienced medical hardship
DETAILED INFORMATION
Location
Knoxville, TN
Inventory
Not Included in asking price
Employees
2
Facilities
Assets include active and past clientele list, active tutor roster, and ~$2,000 in advertising materials
Competition
The competition for in-home, 1-on-1 tutoring in the area is minimal. “A Tutor’s Touch” and “Your Tutor Hero” recently opened in the area, but do not provide the white-glove experience Tutor Doctor presents.
Growth & Expansion
There are considerable growth opportunities for a buyer. Pros include a flexible schedule and the ability to work in all regions surrounding Knoxville because there are no neighboring Tutor Doctor territories. Cons are that events and community interaction are a must with this service. This means the owner must either be in the region, or be ready to staff marketing personel to visit schools and participate in local events.
Support & Training
The Tutor Doctor Franchise requires 2 weeks of online training for new owners. During that time the current managing owner will continue to help work the business and provide hands-on instruction with the company server. The current managing owner will also stay on as a tutor following the sale of the business.
Reason for Selling
The managing owner has experienced considerable medical hardship and is no longe
Home-Based
This business is Home-Based
Franchise
This business is an established franchise
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