Long Standing Tutoring and Test Prep

Simsbury, CT

Seller Financing Available

Top-Ranked Education Franchise
Asking Price:$95,000
Gross Revenue:$509,000
EBITDA:$41,000
Cash Flow:$82,000
Rent:$6,500/Month
Established Year:2007
BUSINESS DESCRIPTION

Accredited - Trusted - Best in Industry

Are you looking for a rewarding and lucrative business opportunity in the education industry? Do you have a passion for helping students achieve their academic goals? If yes, then this is the perfect chance for you to own a Learning Center franchise in Simsbury, a desirable and affluent area in the Farmington Valley.
Our Center is a leading provider of personalized tutoring and test prep services for students of all ages and levels. As a franchise owner, you will benefit from the proven business model, extensive training, and ongoing support from the corporate office. You will also enjoy the recognition and trust that comes with the brand name, which has been delivering outstanding results for over 45 years.
This particular franchise location has been operating successfully for over 17 years, serving a large and loyal customer base of both public and private school students. The center is fully staffed with a center director, two assistant directors, (each with over a decade of experience with the franchise) and approximately 25 part-time tutors. The center has a spacious and well-equipped facility, with a lease agreement that is transferable to the new owner.
The center currently generates a monthly revenue of $30-50k, , and operates above the breakeven point. The new owner must be mission driven, and be interested in working as a full-time owner operator (at least at first), to take over the role of the center director and earn a salary in addition to the free cash flow. The center has potential for growth, as it is currently underperforming due to insufficient marketing and outreach efforts. With some investment and dedication, the new owner can easily increase the revenue and profitability of the center.
This is a rare opportunity to acquire a well-established and profitable franchise in one of the best locations in the country. Simsbury is a highly desirable and affluent community, with a strong demand for quality education and tutoring services. The center has built a solid reputation and a strong relationship with the local schools and parents, who value the academic outcomes and the personalized attention that the center provides. The center also has a competitive edge over other tutoring businesses in the area, as it offers a comprehensive range of programs, including reading, math, writing, study skills, SAT/ACT prep, and more.
The seller is offering the center for sale for only $95k, a bargain compared to its actual value or the cost of starting a new franchise from scratch. The sale will include the transfer of the franchise, the lease agreement, and all the assets of the company, such as furniture, fixtures, technology, telephony, agreements with the staff and the customers, and the intellectual property required to operate.
If you are interested in this amazing opportunity, please contact the seller today and schedule a visit to the center. Don’t miss this chance to own a successful and rewarding business that makes a difference in the lives of students and families.


DETAILED INFORMATION
Location
Simsbury, CT
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,400
Lease Expiration
25/01/2029
Employees
25
Facilities
Typical office assets with 2 restroom facilities. Numerous desks and cubicles and chairs, several computers and Chromebooks. Over 10,000 pieces of curriculum. Plenty of parking and traffic to the center (drawn by retail and the only cinema in the area).
Competition
A number of competitors have left since the pandemic. Our center survived due to numerous reasons. As such, the center draws students from further out than ever before.
Growth & Expansion
Marketing and outreach have historically benefited the center really well. I recommend any new owner expand these efforts, as the current owner doesn't have the time to do this directly.
Financing
Stipend for unearned revenue can be included.
Support & Training
The seller is open to supporting the transition, but the franchisor will cover every aspect of the business. As well as: -An SEO-optimized website, ongoing digital marketing support, in-house marketing team support -Optional Coaching, Optional Virtual Conferencing
Reason for Selling
Other opportunities.
Franchise
This business is an established franchise
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Pasquale Cirone
Pasquale Cirone