Retiring Sylvan franchisee in Naperville, IL

Naperville, IL
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Asking Price:$185,000
Established Year:2009
BUSINESS DESCRIPTION

Sylvan Learning Franchise Available for Resale

Come join the leader in supplemental education and explore the opportunity to invest in a sustainable, ongoing business. Sylvan delivers individualized tutoring instruction using SylvanSync, a proprietary digital teaching platform designed to support each student's distinct learning needs. Sylvan Learning provides a range of services, both remedial (with tutoring for reading, writing, mathematics, and study skills) and enrichment (with coding, robotics, and engineering), serving students from age 4.5 through their academic lifetime with the College Prep line. Inquire today to find out how you can become an educational resource in the Naperville community.


After twelve (12) years of providing services to the community, it’s time to pass the baton to a younger generation to carry-on the mission of helping students achieve his/her academic success. The Sylvan Learning Center of Naperville has produced nearly $305,000 (on average) annual sales during the past five years. The sales in 2020, exceeded $330.000 and we believe that this center can generate in excess of $400,000 with the right marketing efforts in the Naperville community.

Given the above stated center sales, the seller is asking $185.000 for this franchise which includes all furniture, iPads, office computers, and instructional materials needed to continue servicing existing students and/or families.

The Sylvan Learning Center of Naperville is located at 1292 Rickert Drive in Naperville, Illinois. The learning center currently occupies two suites in a plaza known as Brighton Commons. This property is currently managed by Rossi Real Estate located in Downers Grove, IL. The current lease expires on June 30, 2024, and provides the new franchisee with an opportunity to negotiate a new lease with terms of their asking or look to relocate the center to a different location should that be their preference.


DETAILED INFORMATION
Location
Naperville, IL
Inventory
Not Included in asking price
Building SF
1,920
Lease Expiration
30/06/2024
Employees
7
Facilities
Contained within this space is the main instructional area with six (6) tables and adjacent student washroom, two Director offices, a “small group” learning area/conference area along with a back room that houses computers, networking equipment, printer/copier, plus additional storage cabinets. This back-room area also has a small refrigerator for employee lunches and provides access to a washroom dedicated to our directors and teaching staff.
Competition
The Center in Naperville has been in existence for over 15 years and is viewed by the community as one of the experts in supplemental education services. Naperville is considered an affluent area and therefore provides a competitive marketplace for these educational services. There are several well-known brands such as Kumon, Huntington, Mathnasium, and others that offer services in this community. Given Sylvan’s unique approach with individualized student programs, Sylvan is the choice for many families in Naperville and the surrounding communities
Growth & Expansion
Sylvan Learning supports core tutoring programs in Reading, Math, Study Skills, Writing, and provides support with student’s immediate needs through our Homework Help program. With SylvanSync's mobility in addition to the growing popularity of the STEM line, Sylvan EDGE, Sylvan has enabled Franchisees to open in satellite locations in order to expand their footprint across a larger geographic area, allowing more convenience for their consumers.
Support & Training
The current franchisee is willing to provide the new buyer with on-boarding support to provide a smooth transition. Our existing Director is willing to stay-on as an employee of the new buyer. Terms of employment would need to be negotiated with her directly. An experienced Director will help ensure a seamless transition for the existing students & their families.
Reason for Selling
The franchisee is looking to retire.
Franchise
This business is an established franchise

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Courtney Wells
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Courtney Wells