Learning Center for sale in Midland, MI (ID: 1107431)

FINANCIAL DETAILS
Asking Price: $208,000
Gross Revenue: $345,000
Cash Flow: $57,000
Inventory: n/a
Real Estate: n/a
FF&E: n/a
Business Listed by Nancy EstepFranchiseResales LLCView All of My Listings
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Learning Center for sale in Midland, MI
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Business Description

This franchise is a nationally known provider of supplemental education. Backed by outstanding marketing and operating systems franchisees are trained and prepared to provide students with an unparalleled supplemental educational program. For more details, please contact us at (941) 951-5151, or Email: Sales@franchiseresales.com

About the Business

Year Established: 2003
Number of Employees: 15

Franchise: Yes

Facilities: The Center is approximately 4,500 square feet. The space consists of 2 sides. The main entrance side consists of a waiting room, 3 offices, and 2 bathrooms. The remaining space is designated for student instruction. The other side West side) has one office, a testing room, staff bathroom and kitchen area and a seminar room. The remaining space is designated for instruction.

Market Outlook/Competition: Competition Pros: Current competitors consist of private tutors, and Kumon. At Sylvan they focus on fixing the problem not hand holding. Sylvan's results are also measurable by using an initial starting test and a progress testing guaranteeing results. The Kumon Center is small and the hours of operation are limited. Kumon instructors are not required to be certified teachers like Sylvan's. Kumon's initial placement test is brief. Sylvan students are allowed to move at their own pace. Instruction at Kumon is brief and students are required to do most of the work. Growth/Expansion Pros: They are currently planning on expanding to include SylvanSync. A revolutionary program that will definitely distinguish them from their competitors. SylvanSync will offer many opportunities to grow and expand. They will be able to offer Sylvan programs outside of their center walls and into more rural customers that may not have traveled to a center previously.

About the Sale

Reason For Selling: Retirement.

Training/Support: Seller and seller staff will be available for transition training for 120 days, or longer if negotiated. Extent of training depends on situation of buyer and is negotiable. - EMployees: 3 FTE; 12 PTE.

LISTING KEYWORDS: supplemental education, learning, learning center, Midland, Michigan, children

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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 our full Terms & Conditions here.

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