Tutoring & Learning Center
Asking Price:   $40,000Inventory:   
Gross Revenue:   $103,000 (comments below)Real Estate:   n/a
Cash Flow:   $20,000 (comments below)FF&E:   $112,350 ++
++ included in the asking price         ** not included in the asking price
Gross Revenue Comments: 2010 projection based on current enrollment.
Cash Flow Comments: 2010 projection based on current enrollment.
This is a two-location franchised tutoring school set up for individualized education service for students from kindergarten through 12th grade. All services are performed at campus locations. One location was started in 2006 and a second location opened in May 2009. Based on current enrollment for both locations, the 2010 projection for sales is $103K and cash flow is estimated at $20K.

Most owners of this business work part time, Monday through Thursday, about 20-30 hours per week. Software provides management for all student academics and accounting, which minimizes owner time involved in the business. The franchisor provides strong training and ongoing support for operators, along with nationwide support and marketing campaigns. This company offers individualized instruction with tutors in programs for math, reading, writing, SAT and ACT preparation, study skills and more. Their goal is to bring each student to the desired academic level as quickly as possible. Entrepreneur Magazine has ranked it as one of the nation’s top 150 franchises, and has recognized it among the most successful education franchises in the nation. In 2004 the same magazine ranked it as one of the top ten new franchises. Both locations will no doubt continue to grow as the general population and student numbers keep growing. This turnkey business is perfect for a retired teacher or administrator, or anyone who cares about education. A math teacher or engineer would definately be a plus to strengthen the program.
About the Business
Year Established:2006
Employees:4 part time
Franchise:Yes
Facilities:One location is 816 sq. ft. leased at $1,300 per month. Other location is 1,200 sq. ft leased at $1,495 per month + $200 NNN to equal $1,695. 3-year leases have options to renew.
Market Outlook and Competition:COMPETITION: The tutoring business in this area is very active, with two major competitors. Both have multi-locations. GROWTH AND EXPANSION: Continued advertising and marketing should bring this business to an excellent profit level. Radio and Television ads, personal sales calls to schools and word of mouth should provide the growth it needs
About the Sale
Management Training and Support:The franchisor will provide training and support for a new and existing owner.
Reason For Selling:Owner desires a different career.

KEYWORDS: tutor, learning, students, test prep, math, reading, english, science, educational


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Business Listed By
William J. Laska
Laska Company
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