Request More Information Contact the Seller
- RE: 10 Year Franchise Tutoring Center With $100k SDE
- Contact: Mila Lazar
Quick Facts
Asking Price: | $350,000 | |
Annual Revenue: | $364,310 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $129,060 | |
Total Debt: | Not Disclosed | |
FF&E: | $10,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2013 | |
Employees: | 9 | |
BBN Listing #: | 980686 | |
Broker Reference #: | 041621-903614 |
Business Overview:
Well-established, turnkey tutoring center specializes in K-12 tutoring and SAT/ACT prep. Operating for 11 successful years, this franchise location is a prime opportunity in the North Chicagoland area. With a strong reputation in the community, the business generates an impressive $100K in Seller’s Discretionary Earnings with CLEAN FINANCIAL RECORDS, offering a solid foundation for continued growth and profitability. Ideal opportunity for an owner-operator with a passion for education who is looking to leverage the existing infrastructure. With additional growth potential through increased local and digital marketing efforts, new owner could use the brand recognition to further scale the business. Tutoring for math and reading continues to be an essential part of education after the COVID era. Tutoring centers have also helped to bring up ACT/SAT scores for potential scholarships.
This franchise, that has been in existence since 1994, focuses on teaching students in a warm, friendly environment as part of a group learning approach. As with all businesses, during COVID, there
was a dip in revenue due to state restrictions of being in person. The business was required to be online for a portion of the year in 2020. Once restrictions were lifted to be back in person, they opened right away and successfully grew the center further. This is a five star rated business on google with 60 reviews!
There are more slots to fill students in the group setting and as ACT and SAT comes back for more scholarship opportunities, there definitely is room to grow in this mature business.
Although there are many brands in the tutoring space, we're not seeing any in the town where this center is located.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Reason for Selling:
retiringAdditional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Illinois businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information