Asking Price: $128,890 Gross Revenue: $221,633Cash Flow: $65,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed included in asking priceFF&E: Not Disclosed included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
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, and study skills) and enrichment (with coding, robotics, engineering, and science), serving students from ages 4.5 through their academic lifetime with the College Prep line. Inquire today to find out how you can become the educational resource in the Midlothian community.
About the Business
Number of Employees:
Building Sq. Ft.:
$2,910.60 Per Month
The learning center has a spacious waiting area, one main office, a large instructional area with 8 instructional tables, and two seminar/testing rooms with one instructional table in each. It also features a small store room/break room that holds center supplies.
While there are currently competitors in the territory including Mathnasium, Kumon, Tutor Doctor, Aloha Learning Center, Huntington Learning Center, Omega Learning Center and private tutors, Sylvan is unique in its product offerings, methodology, and results. The center attract families from as far away as Emporia, VA ( 1 hour 45 minute drive away) because of the quality of service delivered here. The center has a healthy amount of repeat business as well as a strong, capable staff, with over 12 years or more of experience!
Growth & Expansion:
There are many opportunities for growth. The center is currently establishing new relationships with schools and PTAs due to increased local store marketing efforts. The franchisor allows for satellite locations, or operations outside of the brick and mortar center to better service the community and allow for business growth. Currently, the center is working to establish a satellite in the West End of Richmond at LeafSpring School starting in the fall of 2018.
The current owner is willing to assist to ensure a successful transition of ownership. The franchisor provides support ranging from a personal Franchise Business Consultant and an initial 4-day-intensive in-person training, as well as a multitude of additional trainings delivered online, via phone, and in-person throughout your lifetime as a Sylvan franchisee.
Owner Financing Available - Own A Growing Sylvan Learning Center!
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
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