Advert Ref: 012362

Profitable Student Tutoring Franchise-Well Established For Sale

  • Sonoma County, California - North
Asking price:
$105,000
Sales revenue:
$250k - $500k
Net profit:
$100,000

Photograph of this business for sale

If you are Passionate About Education and Making a Positive Difference in the World, This Student Tutoring Franchise Could be the Right Business for You! This Business Offers an Excellent Opportunity to Join An Industry Leading Educational Franchise, With a Proven System for Tutoring Students K-12. According to Exam Preparation and Tutoring Ranks #7 on its list of Fastest Growing Industries That are Hospitable to Small Businesses'. Combine this with the Support and Technology That Come With Being a part of this successful Franchise, and You Have a Great Business Model for the Tutoring Industry. This Turn-Key Opportunity Includes a Beautifully Appointed Tutoring Center Complete With an Extensive Collection of Learning Materials, Office Equipment and a Great Opportunity to Realize Significant Income While Helping Students Obtain Their Educational Goals.

The current owner is absentee, and does not work in the business. The business owner employs a full time Director/Manager to operate the business., A new owner could either keep the Director on the payroll and continue as an absentee owner, or assume the Director's position and pay the Director's Salary to themselves, increasing the profitability to a new owner.

This Business is Very Nicely Equipped and Ready to Go for a New Owner. Assets Include Desktop Computers, Custom Designed Student Work Stations, and a Large Inventory of Custom Designed Learning Programs and Materials.

This Business Has a Prime Location on a Very Busy Main Street in Sonoma County,CA, Offering Great Exposure and Easy Access for Parents and Students. The Leased Space is Approximately 2243 Square Feet, With Current Rent of $4285/mo and lease term through 6/30/2023.

The business owner is absentee, and a full time director is employed to handle the duties typically done by the owner. Additional employees include an Assistant Director and Teachers on staff to handle the tutoring of Students. Purchase of This Business Subject to Franchise Approval of the New Franchisee and a Franchise Transfer Fee of $3000. This Franchise Offers an Extensive Training Program to Benefit the New Business Owner.

Disclaimer: The information provided here is compiled from information obtained by the Seller(s). The broker makes no representation as to its accuracy or reliability. Buyer(s) should rely upon their own verification and that of their financial &/or legal advisors with regard to this information.

Property:
Leasehold
Lease terms:
The Leased Space is Approximately 2243 Square Feet, With Current Rent of $4285/mo and lease term through 6/30/2023. Options to extend the lease are negotiable with property owner.
Leasehold rent:
$NaN
Location:
Excellent location on a busy main street offering great exposure or the business.
Premises details:
Beautifully equipped and furnished tutoring center provides students with an excellent environment for learning.

Expansion potential:
The current owner is absentee, and does not work at all on day to day business. A more hands on owner would likely have motivation to pursue various avenues to increase student enrollments and revenues. Contact Broker for details.
Competition / Market:
This business offers highly effective student tutoring services that have been developed through years of research by a leading National Franchise for tutoring services. This backing gives this business and franchise a strong position with regard to competing services.
Reasons for selling:
Other business interests.

Franchise opportunity:
Yes
Franchise Terms
There is a franchise transfer fee of $3000, which also includes an extensive training program for new franchisees. Contact broker for additional franchise terms.
Support & training:
Seller will provide a training period to the new owner. The franchise also offers an extensive training program to new franchisees.
Furniture / Fixtures value:
Undisclosed
Inventory / Stock value:
Undisclosed

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