Multi-Location Personalized Educational Tutoring Center

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Excellent Opportunity for Retired Teacher or Educator - Be Your Own Boss!
Asking Price:
$130,000

Gross Revenue:
$278,787
Cash Flow:
$66,005
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$20,000
included in asking price

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Business Description

This is an opportunity to purchase a fully-operational, well-respected and nationally acclaimed multi-disciplinary tutoring program franchise. The business consists of two locations in high traffic, demographically desirable areas in Salt Lake County and provides cutting-edge personal learning services for K-12 students. This is an outstanding opportunity for a business-minded and people-minded professional and/or a retired teacher to take this franchise to the next level. Teaching experience is not required for the owner. It is a turn-key operation with an experienced center director in place to allow minimal owner involvement in day-to-day activities; however, additional involvement by the owner in managing the business would result in higher discretionary income.

About the Business

Year Established:
1979
Number of Employees:
16
Real Estate:
Leased
Facilities:
The tutoring program was founded in 1979 with a strong track record of success and has been franchising for over 30 years. There are currently over 800 worldwide locations in operation. This business has two locations, both of which opened in 1983. The current owner purchased one location in 2009, and the second location was purchased in 2013.
Market Outlook/
Competition:
Competition comes from several other national franchises with locations elsewhere in Salt Lake County, other after-school programs, and independent private tutors.
Growth & Expansion:
Demographics indicate the potential for significant growth in this community, and the current territory has room for expansion. Additional growth could come from opening new centers, including satellite offices, as well as offering new programs provided by franchisor.
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About the Sale

Reason For Selling:
Pursuing Other Interests
Training/Support:
2 weeks included

Listing Info

ID:
1435942
Ad Detail Views:
275

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Business Listed by

Arthur Warsoff

Transworld Business Advisors of Utah County
License# 9567324-SA00

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U.S. Census Data for Utah
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Utah
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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