Asking Price: $130,000 Gross Revenue: $259,378Cash Flow: $82,639 (Seller's Discretionary Earnings) EBITDA: 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.
Busy tutoring center focusing on various academic programs, as well as SAT and ACT preparation.
Opened in 2011, this location has showed consistent profits, grossing more each
Strong referral-based clientele.
The facility excels at giving exceptional customer service.
The average tenure for most families that attend the center is between nine and sixteen months, well above average for the industry.
A strong relationship with the local schools has been forged over the past half-decade, making this facility the name for tutoring in the area.
Often recommended by many teachers in the area.
Great location in a busy shopping center with large parking lot.
Serving an affluent, densely populated area of Essex county with a median Household income of $100k plus.
Excellent online reviews- 5 stars on Google.
$40,000 was paid for initial Franchising Fee plus $70,000 spent on build out.
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About the Business
Number of Employees:
1 FT / 4 PT
Building Sq. Ft.:
$3,948.00 Per Month
Growth & Expansion:
The location is poised for growth with a full time operator.
Tutoring Center Franchise in High Income Neighborhood
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.