Tutoring & Test Prep - National Franchise

Mercer County, NJ
Typical teaching floor
Asking Price:$55,000
Rent:$5,625/Month
Gross Revenue:$300,000
Established Year:2009
BUSINESS DESCRIPTION

Make a difference in children's educational lives and make money!! We help turn children's lives around by building academic skills, confidence and motivation! Demand for tutoring is strong; average NJ student test scores still remain below pre-pandemic levels. Only 52.2% of students tested at or above expectations on the English Language Arts, or ELA. In math, 39.6% of students were at or above grade level in 2023-2024 school year!

This is turnkey opportunity, and you will have everything you need, including teaching staff, students, and all the curriculum and assets necessary to operate the center to brand standards.

Seller will continue to run the center for a defined period of time and train the buyer on all aspects of the operation. Seller will continue to hire and train teachers; recruit, interview and train a PT/FT center manager.

The owner has operated center successfully for many years and has built a solid reputation but is now ready to hand over to a new owner who can continue to build a successful center.

Our programs are highly effective and get results. On average, students show 2+ grade levels growth in reading and math, 4+ point increase on ACT exam, and 200+ point increase on SAT exam.

Our center is accredited by the Middle States Association of Colleges and Schools.

Our specific programs and methodology set this franchise apart from competitors making it a leader in the business. Our superior programs and services justify a price point that also allows this to be a very profitable business. With the programs and curriculum in place, this allows the owner and staff to focus their efforts on customer service and growing the business.

There is growth potential for this center due to the area's population growth, excellent demographics, and minimal competition. Learning loss due to the pandemic has created much opportunity and 2023-2024 test scores show that most students remain below pre-pandemic levels.

In addition to Hamilton-area schools, students from surrounding school districts, such as Allentown, East Windsor, Robbinsville, Upper Freehold, Bordentown, New Egypt and North Burlington, to name a few, have attended the Hamilton center.

We have many great Google reviews: Here's one: "I cannot say enough good things about this Huntington location! I thought it might be strange taking my Kindergartner to tutoring, because he is so young, but due to covid and all the remote schooling we noticed a large lag in his writing skills and wanted to correct it sooner rather than later. Our son loved his teacher Megan and he thoroughly enjoyed going to his sessions. Colin and Mallory were great and seemed to have a legitimate interest in my son. Additionally, they were very flexible to our schedule and even helped us squeeze in extra sessions when we found out we were moving (military). I saw huge progress and believe he is actually ahead of his peers now! If we weren’t moving I would definitely keep my son enrolled. Highly recommend!


DETAILED INFORMATION
Location
Mercer County, NJ
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,200
Lease Expiration
30/06/2025
Employees
13
Facilities
We have a warm & inviting learning environment that includes a lobby, office, an administrative area, three testing rooms, three separate 1-on-1 rooms and the main teaching floor. The center is fully operational on day one, including all curricula organized in bookshelves, student desks, chairs, office desks, multiple Windows and Chromebooks, and laptop cabinet. The center can accommodate as many as 28 students and teachers at a time. The base lease expires on 6/29/2025 with an option to extend.
Competition
Competitors include:(1) Kumon Math & Reading Centers are located within 4 miles of the Center. Kumon is open on a limited basis during after school hours. We offer services to children generally 6 days a week; (2) a Sylvan Learning Center is located more than 6 miles from the Center; (3) a Mathnasium is located about 3 miles from the center. HLC has many advantages over our competition.
Growth & Expansion
Additional revenue growth will be experienced by expansion in the Learning Center service and subject tutoring. The higher ed/college market for new students continues to be very strong. Helping a family's son or daughter gain admission to their desired college is so rewarding and we have many stories of such success. Our exam prep business continues to be strong along with subject tutoring and learning center services.
Financing
No seller financing
Support & Training
All new owners must attend a comprehensive virtual training program provided by the Franchisor. Each franchisee is also provided assigned to a Franchise Business Consultant for on-site and phone support. The Franchisor offers comprehensive online training, weekly regional calls and webinars. The current owner will provide training and orderly turnover to new owner.
Reason for Selling
Owner motivated to sell and focus on other business interests.
Franchise
This business is an established franchise
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Colin Schreiber
Colin Schreiber