Top Notch ACT/SAT Tutoring Franchise Discounted
(ID: 1099252)
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$60,000
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Not Disclosed
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Not Disclosed
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$400
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n/a
**
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$9,000
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Business Listed by Richard ReedTransworld Business Advisors - Greater Memphis AreaView All of My Listings
Listing Tools
Business Description
Tutoring franchise specializing in improving grades in Middle School and High School students plus helping them in achieving the best possible results in Prep school or College Admissions Tests. Chyten students average a 274 point increase on the SAT, a 4-7 point increase on the ACT, and achieve perfect essay scores on the SAT at a rate 50 times the national average.
Great location off of primary Memphis street and near several area schools and shopping areas. Easy for parents to drop off at street level, nice looking location and walk to shopping area while student is learning.
About the Business
Year Established:
2011
Number of Employees:
12
Facilities:
Nearly one year in improving the leased space and opening operations. Client base growing, but advertising has not been done sufficiently. Tutors all have Masters degrees and are paid only when tutoring and generating revenue.
Market Outlook/Competition:
Ambitious owner could grow this location, build name recognition, and expand throughout area, as no other such franchises in area. No known direct competition in Memphis area. Motivated buyer with some advertising capital could quickly grow this business. In great location and close proximity to schools, both public and private, and shopping centers so parents can drop of child(ren) for tutoring, walk to shopping, and come back for door-front pick-up.
About the Sale
Reason For Selling:
Insufficient startup capital
Training/Support:
4 weeks training at no cost to new owner
Seller Financing:
12,000 @6% for 60 mos.= 232.00
