RTP, NC - Established Tutoring and Test Prep Business for $42,000

Asking Price$42,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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RTP, NC - Established Tutoring and Test Prep Business for $42,000


Asking Price$42,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
Well-established Territory!
This is a fantastic opportunity to take over a well-established in-home and online tutoring and test-prep company with an exclusive territory in the Research Triangle Park, NC area, including Cary, Morrisville, Apex, New Hill, Holly Springs, and Fuquay Varina, with a population of over 300k, with an average household income of over $100k for $42,000! The owner is open to selling part of the territory or full territory.

The private tutoring market is booming as a result of the pandemic, and this is your chance to join this high-demand, recession-proof industry without any previous educational experience.

This home-based business can be run part-time or full-time. Unlimited income potential!

The owner manages a staff of professional tutors who tutor at the students’ homes, local libraries, or online. The owner has an outstanding tutor staff in place and will assist in the transition.
No selling required. Business leads are managed at a centralized call center, which enrolls the students for you. The educational programs boast a 99% success rate.

Business produces consistent revenue even during the summer months. The franchisor offers full marketing support plus the CO-OP advertising program for franchises.

The company has 5 primary revenue sources:
1) In-home K-12 tutoring, all subjects;
2) SAT/ACT prep (with state-of-the-art diagnostic, 1:1 prep, group classes, and study portal)
3) Online tutoring;
4) College applications essay tutoring
5) College admission consulting (franchisees refer to 3rd party and receive commissions)

This Franchised location is part of the largest tutoring company in the world that consistently ranks as one of the top franchise systems according to Entrepreneur Magazine.

The present owner has one of best protected territories in RTP, NC, where more than 30% of the population is below age 20.

Advantages of this Business:
- Home-based
- Low overhead
- Recurring revenue
- No facility to rent
- Tutors only get paid when they conduct tutoring on your behalf
- Outstanding corporate support
- Proprietary curriculum
- Corporate call/sales center that books all enrollment visits.
- National advertising (including CO-OP advertising)
- Tutor list
- Contact information list of 4 years of past clients
- Client leads
- Proprietary software

Franchisor will provide the training and ongoing support you need to maintain and grow the business.

The present owner and franchisor will ensure a smooth transition.
About the Business
Years in Operation
3
Employees
10 (10 Part-time)
Part-Time Employees
Currently Home Based
Yes
Franchise
This business is an established franchise
Facilities & Assets
Well-established Territory!
This is a fantastic opportunity to take over a well-established in-home and online tutoring and test-prep company with an exclusive territory in the Research Triangle Park, NC area, including Cary, Morrisville, Apex, New Hill, Holly Springs, and Fuquay Varina, with a territory of over 300k population with an average household income of over $100k for $45,000! The owner is open to selling part of the territory or the full territory.
This is your chance to join this high-demand, recession-proof industry without any experience.
Market Outlook / Competition
The owner manages a staff of professional tutors who tutor at the students’ homes, local libraries, or online.
The company has 5 primary revenue sources:
1) In-home K-12 tutoring, all subjects;
2) SAT/ACT prep (1:1 prep, group, and study portal)
3) Online tutoring;
4) College applications essay tutoring
5) College admission consulting (franchisees refer to 3rd party and receive commissions)

This Franchised location is part of the largest tutoring company in the world, consistently ranked as one of the top franchise systems by Entrepreneur Magazine.
Opportunities for Growth
The present owner has one of the best-protected territories in the RTP, NC area, where more than 30% of the population is below the age of 20.

Advantages of this Business:
- Home-based
- Low overhead
- Recurring revenue
- No facility to rent
- Tutors only get paid when they conduct tutoring on your behalf
- Outstanding corporate support
- Proprietary curriculum
- Corporate call/sales center that books all enrollment visits.
- National advertising (including CO-OP advertising)
- Tutor list
- Contact information list of 4 years of past clients
About the Sale
Seller Motivation
Personal Reasons
Transition Support
No selling required. No past educational experience needed! Business leads are managed at a centralized call center, which enrolls the students for you. The educational programs boast a 99% success rate.

Business produces consistent revenue even during the summer months. The franchisor offers full marketing support plus the CO-OP advertising program for franchises.
Listing Info
ID
2450425
Listing Views
11

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Business Listed by: Kavitha Chenna

Listing ID: 2450425 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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