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Educational and Tutoring franchise for sale
| Asking Price: | $225,000 | Inventory: | |
| Gross Revenue: | Not Disclosed | Real Estate: | n/a |
| Cash Flow: | Not Disclosed | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
This franchise is North America’s most recognized provider of supplemental education, with more than two million students served since 1979. Backed by an operating system that has been refined over 30 years, franchisees are trained and prepared to provide students with an unparalleled supplemental educational program. Purchase details: Asking: $ 225,000 with an earn-out based on future revenues with the following terms: 8% of revenues until reaching a cap of an additional $120,000. Seller will also consider Cash Only offers. For more details, please contact us at (941) 951-5151, or Email: Sales@franchiseresales.com
About the Business
Year Established:1997
Employees:2 full time - 7 part time
Franchise:Yes
Facilities:This location was established in 1997. The owner purchased this franchise in 1997. The facility is 3100 square feet and is located in Tampa, FL. The monthly rent is $3,890.69. The current lease term expires in February, 2011. Purchase does not include real estate.
Market Outlook and Competition:Located in historic South Tampa, near both the downtown business area and the beautiful beaches on the Gulf of Mexico, this territory has 11,590 children (within 0-5 miles) and 27,544 children (within 5-10 miles). Average Household income is $69,961. This location has a top student count of 177. There is an outstanding, experienced teaching staff that has been with the business for most of their 12 years. This location has had the highest annual new student count for all centers in the Tampa Bay area since opening and has won a number of system-wide awards for territory penetration, educational excellence and marketing excellence.
About the Sale
Management Training and Support:The franchisor’s training program allows franchisees, with or without education experience, to succeed as business owners. The seller will provide buyer additional hands-on training during transition for 2 to 4 weeks. Buyer must complete Franchisor’s training session(s) / Discovery Day.
Reason For Selling:The current owners are seeking retirement.
Seller Financing:Seller will consider financing for qualified buyer. Terms TBD/to be disclosed.
KEYWORDS: learning, learning center, tampa, florida, hillsborough, education, student
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Industry: Educational
Segment: Test Preparation Next Listing: Educational and Tutoring franchise for sale
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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