Student Tutoring Center in Excellent Demographic Area
| Asking Price: | $750,000 |
| Gross Revenue: | $1,600,000 |
| Cash Flow: | $250,000 |
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This multiple decade old student tutoring business is situated in a wonderful area with strong demographics and education focused families. This is a long-established business is renowned for its dedication to academic excellence and personalized tutoring services. The established center has been a beacon of educational support within the community, providing invaluable assistance to students of all ages for many years. This location is a consistently high performing center with top ten rankings in the nation in its franchise. There are typically over 200+ students (K – 12) enrolled at any given time.
A team of experienced and dedicated educators forms the backbone of this center. Trained to provide personalized instruction and support, these professionals are committed to nurturing each student's academic growth and success. The full-time staff consists of four Directors and one Manager. The owner works part time performing day-to-day operations such as marketing, finance and payroll. The Franchisor will require a new owner to be full time in the business for the first two years. There is a part-time staff that consists of 40 teachers/tutors.
The business currently operates out of a 2,750 square foot office space located in a high traffic commercial hub. The base rent plus triple net charges run approximately $9,800 per month. The lease on this space expires November 30, 2027 and comes with a five year option that would run through 2032.
