Asking Price: $118,000 Gross Revenue: Not DisclosedCash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed FF&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, with remedial, coaching and advancement (tutoring for reading, writing, mathematics, and test prep), and enrichment (with coding, robotics, and engineering), serving students from age 4.5 through their academic life time with the College Prep line. Inquire today to find out how you can become the preferred educational resource in the Virginia Beach Community.
About the Business
Number of Employees:
Building Sq. Ft.:
Turnkey business opportunity provides all necessary furniture, fixtures and technology for effective business procedures. Center located on the first floor, with ample parking spaces in adjacent lot, reasonable and responsive landlord and maintenance personnel. Mediterranean Style two story building with balcony, built in 1999.
Prime Laskin Road location near First Colonial Road. Building is situated near median cut in front of Kroger Super Store. High traffic and excellent demographics.
Sylvan provides a personalized approach to learning where each child in need of remedial services is assessed and placed into a program crafted individually for the student to meet their needs. Sylvan has adapted to learning in the 21st century where students utilize iPads and our proprietary content in SylvanSync to work through their program with a state certified tutor. While there are other learning centers in the area, no one offers the breadth of services or takes the strategic approach that fosters results that we do.
Growth & Expansion:
The Virginia Beach area is currently under served by only 1 center. The opportunity for expansion in Virginia Beach is vast. Opportunities in STEM programming are in demand and a rising star in Sylvan centers across the country.
Current owner is selling this business to pursue additional schooling.
The current owner/operator is willing to support the buyer through onboarding post sale to ensure a smooth transition. The franchisor provides a plethora of training and support ranging from a personal New Franchise Business Consultant and a Local Marketing Specialist, an intensive in-person training in the beginning of the transition as well as a multitude of additional trainings delivered online, via phone, and in person throughout your lifetime as a franchisee. Further, the franchise operations and technology support teams are available via phone and email during business hours.
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 & Conditions.