Service Business For Professionals
Location New York,United States
Asking Price Range $250K - $500K
Gross Revenues $440000
Net Profit / Cash Flow $114000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 1989
Number of Employees 10 - 19
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Leased
Training Transition assistance
Reason for Sale Retirement
Description This company is a leading provider of tutoring services to students of all ages, grades and skill levels. The center has been a part of the educational community since the late 80's and has a proven historical record of increasing revenues and profits.
This service uses highly trained teachers to provide individual instruction in reading, writing, mathematics, study skills and test-prep for college entrance and state exams. There are additional profit centers which have increased the profitability and cash flow of this center.
Revenues for the fiscal year ending 12/30/10 were $440,000. Revenues for the partial year ending 6/30/11 were $250,000, putting this center on track for continued growth in the 2011 fiscal year. With 2010 revenues and expenses in place, reconstructed cash flow for the center during the 2010 fiscal year was $110,000.
Offering price is $389,000.
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