Owner Financing Available - Own A Growing Sylvan Learning Center!

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Established Tutoring Franchise near Richmond, VA
Asking Price:
$128,890

Gross Revenue:
$221,633
Cash Flow:
$65,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed
included in asking price

FF&E:
 Not Disclosed
included in asking price

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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, 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

Year Established:
1986
Number of Employees:
12
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
1,980
Rent:
$2,910.60 Per Month
Lease Expiration:
7/31/2019
Facilities:
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.
Website:
locations.sylvanlearning.com/us/midlothian-va
Market Outlook/
Competition:
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.
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About the Sale

Training/Support:
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.

Listing Info

ID:
1435901
Ad Detail Views:
0

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Business Listed by
Courtney Wells

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U.S. Census Data for Chesterfield County, VA
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 Chesterfield County, VA
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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