2 Turnkey Businesses in Newington & Southbury, CT
Business Description
Come join the leader in supplemental education and explore the opportunity to invest in a sustainable, ongoing business. Sylvan Learning provides a range of services, both remedial (with tutoring for reading, writing, mathematics, study skills and homework support) along with enrichment (with coding, robotics, and engineering), serving students from age 4.5 through their academic lifetime with the College Prep line. Inquire today to find out how you can become an educational resource in the greater Hartford community.
Southbury is being sold for $200k, or best offer! The information below is for the Sylvan franchise business in Southbury, CT.
Real Estate:
Leased Property - Lease expires 5/31/2027
Rent amount per month - $2480(includes CAM Charges)
Square Feet - 1800
Facility:
All lobby, office and student furniture, iPads, computers, manipulatives, books, copiers, lighting, and signage. Space was refurbished in 2023 with Sylvan's most up-to-date requirements. New carpeting, paint and wall hangings.
Reason For Selling:
Personal career change.
Competition/Market:
The Center in Southbury has existed for nearly 40 years as it was established in 1986. The current owner has owned and operated the learning center since April, 2001. As a result, the community recognizes Sylvan as a leader provider in supplemental education services. The center is located on Main Street and is surrounded by a variety of businesses that appeal to families. Easy access to the learning center via I-84 between exits 15 and 14. The learning center in Southbury has been profitable for each of the 25 years that the current owner has been in place.
Growth/Expansion:
There are opportunities for additional satellite locations along with online services within the territory. In addition, the City of Waterbury may offer a unique opportunity for contract services.
Year Established: 1986
Number of Employees: 10
Southbury Center Website: https://www.sylvanlearning.com/locations/us/ct/southbury-tutoring/southbury/
Southbury is being sold for $200k, or best offer! The information below is for the Sylvan franchise business in Southbury, CT.
Real Estate:
Leased Property - Lease expires 5/31/2027
Rent amount per month - $2480(includes CAM Charges)
Square Feet - 1800
Facility:
All lobby, office and student furniture, iPads, computers, manipulatives, books, copiers, lighting, and signage. Space was refurbished in 2023 with Sylvan's most up-to-date requirements. New carpeting, paint and wall hangings.
Reason For Selling:
Personal career change.
Competition/Market:
The Center in Southbury has existed for nearly 40 years as it was established in 1986. The current owner has owned and operated the learning center since April, 2001. As a result, the community recognizes Sylvan as a leader provider in supplemental education services. The center is located on Main Street and is surrounded by a variety of businesses that appeal to families. Easy access to the learning center via I-84 between exits 15 and 14. The learning center in Southbury has been profitable for each of the 25 years that the current owner has been in place.
Growth/Expansion:
There are opportunities for additional satellite locations along with online services within the territory. In addition, the City of Waterbury may offer a unique opportunity for contract services.
Year Established: 1986
Number of Employees: 10
Southbury Center Website: https://www.sylvanlearning.com/locations/us/ct/southbury-tutoring/southbury/
About the Business
- Years in Operation
- 1
- Employees
- 10
- Franchise
- This business is an established Sylvan Learning franchise
- Facilities & Assets
- All lobby, office and student furniture, iPads, computers, manipulatives, books, copiers, lighting, and signage. Space was a new build in 2016 with Sylvan's most up-to-date requirements.
- Website
- https://www.sylvanlearning.com/locations/us/ct/newington-tutoring/newington/
- Market Outlook / Competition
- The Center in Newington has been in existence for 9 years. As a result, the community recognizes Sylvan as a leader provider in supplemental education services. The center is located in a highly populated area with businesses and a university nearby.
- Opportunities for Growth
- There are opportunities for additional satellite locations along with online services within the territory. In addition, the City of Hartford and New Britain may offer a unique opportunity for contract services. Potential for partnership with Central Connecticut State University to provide tutoring through their education department.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,694
- Rent
- $2,578.00 per month
- Lease Expiration
- 11/2/2026
About the Sale
- Seller Motivation
- Personal career change.
- Transition Support
- Sylvan corporate offers full franchisee support at no cost the new owner, with in person and virtual training, access to a local marketing specialist and franchise business consultant, in addition to various levels of staffing support for your employees.
- Financing Options
- $50k for Newington & $200k for Southbury, or best offer. Financing Available!
Listing Info
- ID
- 2376125
- Listing Views
- 549
Attached DocumentsAttachment Disclaimer
Sylvan_Learning_Franchise_Brochure.pdf
Business Location
Listing ID: 2376125 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. See our full Terms of Use. Learn how to avoid scams.
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