Established Franchise Educational Center
Location Iowa,United States
Asking Price Range < $250K
Gross Revenues $328000
Net Profit / Cash Flow $60000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2006
Number of Employees 10 - 19
Inventory 90000
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training Seller & franchisor will provide training
Reason for Sale Other business demands
Description Established franchised educational center specializing in supplemental education for all age levels. Services include improving academic skills, subject tutoring, and exam preparation such as ACT and SAT. The business does not require owner to have a teaching degree as franchisor will provide all tools necessary to own and operate the business. Ideal owner is a high quality business person, typically from the corporate world who is a business-minded individual with high energy and likes kids. This is a growing industry that is recession resistant and gives franchisees the opportunity to run their own business with a professional staff and a nice work environment. The franchise has been in the tutoring business for over 30 years and has the experience and expertise to assure franchise owners are successful and profitable.
Opportunities: Current owner is absentee. A new owner could operate the businesses on a day-to-day basis eliminating the need to pay for a director. The business needs focus and additional marketing. Tutoring is an $11 billion dollar industry and is expected to grow 6% per year through 2017 according to the Education Industry Association. Purchasing an existing franchise will save a buyer thousands of dollars as new franchise locations can cost up to $300,000 to open.
Organization & Staff: Hours are 10 am to 8 pm Monday thru Thursday, closed Friday, 9 am to 3 pm Saturday, and
1 pm to 5 pm Sunday. Currently two full time and 15 part time employees.
Franchise Information: All buyers must be approved by franchise.
Location and Facilities: The facility is 2667 square feet and located in the Des Moines Metro area. All furniture, fixtures and equipment plus full curriculum are included in the sale.
Click Here To Contact Seller
|
|