The business is semi-absentee run with a below market Upper East Side lease occupying nearly 800 sq. ft. of prime store-front retail space. This amazing location has a monthly rent of only $3,800 per month with seven-years left on below market lease. This is among the most affluent zip codes in the United States!
The business is currently operating as a tutoring franchise. The new user of the premises can continue the business or put in a new concept. Location licenses for two international franchises worth nearly $55,000 are included. With this turn-key business, the buyer only pays for the franchise license transfer fee for the tutoring business in the event that the existing operating model is retained. Otherwise, this location is also perfect for an attorney, accountant, doctor, real estate or educational/professionals and or potential spa services.
The current business consists of two independent premium franchises uniquely co-located in one center that complements educational needs of students of all ages (pre K to 9th Grades). The location in the Upper East Side is semi-absentee with a fully trained staff, technology, curriculum and a loyal following of clients established over 10 years.
As an owner operated business run by the new buyer, this is a rare opportunity to buy a multi-unit leading co-branded premium franchise operation. The business represents the best combination of (A) a leading researched-based enrichment education program for young children using the state-of-the-art technology is offered in over 50 countries (rated the top program in the tri-state area with many locations) as well as perfectly combining with (B) one of the top academic tutoring programs in the world, providing Math, Reading and Writing for students of all ages.
Contact Dave Nagar
Asking Price $175,000
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