Kumon - Turn-key business for sale - Take the leap!

North Haven, CT
Student working on Kumon Connect

Seller Financing Available

Asking Price:$170,000
EBITDA:$110,000
Established Year:2013
Gross Revenue:$210,000
FF&E:$10,000
BUSINESS DESCRIPTION

Establised and profitable business in New Haven county

Kumon is the World’s Largest Education Franchise and is ranked No. 1 in the Tutoring Category for the 21 consecutive years and has been ranked in the top ten of the overall Entrepreneur Magazine Franchise 500 List.

Kumon offers a financially affordable and academically rewarding way to help kids succeed. Franchisees operate an after-school center that provides math and reading programs using the Kumon Method of learning. Children are given the opportunity to attend Kumon center once or twice each week throughout the year for 30 minutes per subject and complete daily assignments at home on non-center days.

Opened in 2013, Kumon of North Haven is conveniently located in the heart of the town & close to
many schools in a vibrant community.
Kumon is an owner-operator franchise. It is critical to the success of Kumon and to your franchise that you remain directly involved in the day-to-day operations of your individual center.

Potential candidates don't need to be from the Education industries. A bachelor's degree (or equivalent) is required, as well as proof of US citizenship or US permanent residency.

This location is already profitable with a solid customer base. It’s clearly a proven and resilient business with little to no competition in the area.

This business has developed strong in roads in the community and has efficient processes built for smooth operations & will be beneficial for the new owner to hit the ground running.

The current owner will provide any assistance needed for smooth transition.


DETAILED INFORMATION
Location
North Haven, CT
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,710
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Great visibility and signage.
Competition
Key Benefits: Low-risk expansion opportunities. Its a scalable business model as the current revenue stream is based on operations for only 2 days per week. Great visibility and reputation in the community. Enhanced convenience for existing customers with little or no competition.
Growth & Expansion
Key Growth Initiatives: Ways to develop strategic partnerships with Schools with Kumon's new initiatives to offer enrichment classes & thereby increasing revenue by expanding the student base. 2. Offer additional Class Days:Provide convenience for busy families by adding more class days, resulting in higher enrollment and retention rates. 3. Targeted Marketing: Implement targeted marketing campaigns to reach underserved demographics, further increasing enrollment.
Financing
Seller financing available
Support & Training
Comprehensive training is provided by the Franchise and by the owner.
Reason for Selling
Relocation
Franchise
This business is an established franchise

BUSINESS LOCATION
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