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- RE: Franchise Tutoring Center Net $160K-Owner Finance
- Contact: Joe Chiarello
Quick Facts
Asking Price: | $300,000 | |
Annual Revenue: | $1,390,357 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $160,538 | |
Total Debt: | Not Disclosed | |
FF&E: | $235,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2000 | |
Employees: | 35 | |
BBN Listing #: | 987854 | |
Broker Reference #: | 3403-18790 |
Business Overview:
Buyer only needs 20% down ($60,000) to purchase these 3 learning centers. Owner financing 80% of the sale price. Buyer will make their down payment back quickly!
This very well known Franchise Learning Center has provided proven tutoring and test prep programs. They have empowered countless students to build confidence, achieve their goals, and excel academically. Their certified tutors, experienced in all academic subjects, are dedicated to helping students reach their fullest potential. THIS SALE IS FOR 3 LOCATIONS.
Key Points:
current owner is operating absentee
owner financing 80%
buyer only needs $60,000 to purchase business
Fully staffed
3 locations
Strong Franchisor since 1977
Seasoned Staff and teachers
Lots of support from FBC and fellow franchisees
Strong Demographics with high Household income
Potential School Partnerships and Govt. Programs
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Property Features and Assets:
Assets = $505,000
Reason for Selling:
Retiring.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
Relevant Links:
- View more New Jersey businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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