Tutoring Franchise – Absentee Run, Under-Performing Location

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Tutoring Franchise – Absentee Run, Under-Performing Location
Asking Price:
$50,000

Gross Revenue:
$129,679
Cash Flow:
$19,867
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Brief History: After purchasing this under performing location from the Franchisor in June 2017, the sellers have worked diligently to turn the business around, 2018 financials are a testament to it. The location was making a loss in the year 2016 & 2017, however, the business turned positive in 2018 and continues to grow.

Reason for sale: The seller has a second location of the same franchise; however, they have decided to sell the Poway location. The reason for the sale of this location is because, both husband and wife work full-time, and they did not realize the stress and impact this additional business would have on their lives.

Absentee Run Operation: The business is run absentee with a help of a manager, the owners believe that an owner operator would not need a manager and there is potential to grow the business with the owner’s involvement.

Location: The current location for the business is significantly larger than needed, the buyer can relocate the business into a smaller facility starting Jan 2020, saving additionally on expenses.

About the Franchise: The franchise helps your child on their way to success regardless of their skill level. Whether the student needs help with the fundamentals, math, reading, writing, or even SAT & ACT Prep, their tutors will get them pointed in the right direction with all the guidance that they need.

Grade Levels
Kindergarten - 1st Grade
2nd Grade - 5th Grade
6th Grade - 8th Grade
High School

Subjects: Mathematics, Reading, Writing, Fundamentals, Test & College Prep ACT/SAT, School Support including all AP/Honors subjects - AP Calc, AP Statistics, AP Environmental Science, AP European/US History, AP English Literature, AP Bio, AP Chem, AP Physics, AP Spanish, Algebra, Geometry, Study Skills etc. We also provide Standardized Assessment test prep such as ERB/ISEE/CTP and GATE testing for Gifted and talented students.

Price: $50,000 (Including Inventory. Plus, Franchisor Transfer Fees) Contact: Raj Parikh |

About the Business

Location:
San Diego County, California
Franchise:
Yes
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About the Sale

Reason For Selling:
Health and Family Reasons
Training/Support:
As Needed

Listing Info

ID:
1639348
Ad Detail Views:
0

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$
months
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Business Listed by

Raj Parikh - CBB, CBI, MBA

NAI Capital - Business Brokerage Division
License# 01962451

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Certifications:

U.S. Census Data for San Diego County, CA
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 San Diego County, CA
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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