See Similar Listings

Priced to Sell: After School Tutoring Business in Katy, TX

Houston, TX
Asking Price:$100,000
Gross Revenue:$180,000
Rent:$4,167/Month
Established Year:2022
Cash Flow:$40,000
Inventory:$10,000
FF&E:$25,000
Listing ID: 2233174Listing provided by BizBuySell
BUSINESS DESCRIPTION

Price Reduction: Established business with excellent reputation

Purchase this established business and become an owner of The Tutoring Center Franchise location in Katy area. Our tutoring business opened in Jan 2022 and has seen average of 20% growth every quarter! Business has established clients with excellent reputation in local area. Owner is currently in the process of adding SAT test prep which will add another high margin revenue source and future growth potential. Some of the features of the business are
- One of the highest net worth communities in Texas (5 mile radius) with high population growth.
- About 10,000 students (elementary, Middle and High school) in the 5 mile radius
- Immediate vicinity has 2 elementary, 2 middle and one high school, all within few miles of the location. Business has been platinum sponsor of school PTA and has great reputation
- Excellent location as business is located in plaza with Subway, popular Coffee shop, ice cream store and bakery. Extremely high foot traffic with neighborhood families visiting the plaza.
- Business has gathered reputation for high quality of tutoring and trust. Numerous excellent google reviews are a testament of performance.
- Steady and growing enrollment. SAT students is growth opportunity.
- Low competition in 5 mile radius. Only one other franchise tutoring business in the vicinuty which is focused on high achieving students. Our business caters to broader population of students who are behind in classroom in addition to those who need enrichment. We also serve students with special needs.

ATTACHED DOCUMENTS
Redacted_TTC Pitch Deck.pdf.pdf Download
DETAILED INFORMATION
Location
Houston, TX
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,500
Lease Expiration
31/03/2027
Employees
15
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The roomy 1500-square foot facility is located in a bustling, well-maintained plaza with high foot traffic. The space is leased and will be turned over to a new owner. The center is fully functional and everything required to run the business will be transferred. All the furniture, teaching materials, back room supplies are included in the price. Center is build and maintained to very high standard in an upscale neighborhood.
Competition
This “brand” is second to none. With the training, support and guidance the franchisor offers, this brand is very competitive. In most supplemental education markets, this concept overwhelming dominates. There is no direct competitor in the immediate neghborhood.
Growth & Expansion
This business has great potential for growth. The seller will share concepts that can be implemented to further expand services, customer experience, and revenue. Near term growth opportunities are 1) SAT test prep, 2) STEM tutoring being introduced by franchise end of 2024.
Support & Training
Franchise provides extensive training. In addition owner will support for 4 weeks at no additional cost.
Reason for Selling
Owner needs to sell due to Health reasons.
Franchise
This business is an established franchise
BUSINESS LOCATION
Report an Issue with this listing
Himanshu Gupta
Phone Number
Himanshu Gupta
Call Phone