Tutoring Center- Stable, profitable with potential

Bronx, NY

Seller Financing Available

Asking Price:$650,000
Gross Revenue:$1,375,881
Rent:$3,930.39/Month
FF&E:$100,000
Cash Flow:$250,000
Inventory:$15,000
EBITDA:$605,500
Established Year:2013
BUSINESS DESCRIPTION

New York City(Bronx County)

Invest in Success at our Thriving Learning Center – Bronx, New York!

Perfect for partners to invest. Scale with numbers!

Ready to dive into the dynamic world of education? This is your chance to make a splash with our prestigious Education franchise in the heart of Bronx, New York. Positioned strategically amidst a melting pot of educational institutions and bustling businesses, this gem is ready to elevate your entrepreneurial journey to new heights. The current owner has paved the way for your triumph, leaving behind a legacy of excellence. But now, it’s your turn to write the next chapter.

Why Us?

Locally Established Franchise: Become part of a vibrant community of learners. Our franchise is more than just a name; it's a beacon of educational prowess trusted by families, schools, and childcare providers throughout the Bronx.

Prime Location: Nestled amidst the hustle and bustle of Bronx life, our center attracts students and families like a magnet. With anchor stores like Citibank, Family Dollar, and a variety of eateries nearby, foot traffic is guaranteed.

Stellar Online Reputation: Google us, and you'll find a treasure trove of glowing reviews. 4.6- Google rating with long, thoughtful reviews. Our Learning Center is not just a name; it's a promise of academic excellence. High Net Promoter Scores speak volumes about our dedication to student success.

Experienced Team: You won't be navigating this journey alone. Our seasoned team is primed and ready to assist you every step of the way, ensuring smooth sailing as you chart a course for success.

Profit Potential: The numbers speak for themselves. With the potential to boost cash flow by $85K under hands-on management, the sky's the limit. And with a team adept at keeping the ship afloat, you'll have more time to focus on expansion.

Opportunities Await:

Daytime Services: Embrace the burgeoning demand for homeschool and pre-school services, offering a comprehensive educational solution for families seeking quality education during daylight hours.

Government Contracts: Forge alliances with local schools and institutions, opening doors to lucrative government contracts and collaborative ventures that could catapult your center to new heights.

Unlock Your Potential:

Enrollment Potential: With approximately 100 students already onboard and space for up to 175, the sky's the limit. And with a location in an area experiencing explosive growth, the possibilities are endless.

Explosive Growth Area: Positioned in the heart of Morris Park, a rapidly expanding locale, our Learning Center is perfectly poised to capitalize on the ever-growing demand for top-notch education.

Continued Need: Even in the wake of the pandemic, our center remains a beacon of hope for students navigating academic challenges, ensuring a steady influx of eager learners seeking educational support.

Seize the opportunity to make a difference in this radiant community. Contact us today to seize the reins of this esteemed franchise and unleash its full potential!


DETAILED INFORMATION
Location
Bronx, NY
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,400
Lease Expiration
03/11/2027
Employees
45
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Recently refurbished. The building has new, interior paint(needs minor touchup) and signage. There is a front reception desk, two executive desks, study carrels, study tables with chairs and stools, bookcases, 3 solid computers for center operations, 2 printers, several file cabinets and curriculum worth $50,000 (some out of print).
Competition
There are no tutoring centers of this caliber within a 4.5 mile radius. There are currently only, low cost services that do not offer similar services. With the center in close proximity to diversified educational institutions you have endless opportunity. Unlike other tutoring centers, we have partner with schools. With a new developing partnership with a charter school and a green lit foster care service, the potentials are endless.
Growth & Expansion
The potential for growth is immense. While our referral business is robust, the horizon is teeming with opportunities waiting to be seized. Imagine the impact of forging direct alliances with PTAs, charter schools(more), and local religious centers—a strategic move that could send revenue soaring to unprecedented heights. Keep in mind the priority is to scale! Perfect for partners to group invest. By opening our doors to preschoolers and homeschoolers, we unlock a whole new revenue stream.The possibilities are as boundless as the human imagination.
Support & Training
Our franchise has won many awards on training and support. We will also offer 30 days of transitional training and 90 days of consultative services to help you start strong.
Reason for Selling
Health and family. I also have an additional job. Would not sell otherwise.
Franchise
This business is an established franchise
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Brandon McGue
Brandon McGue