Full-Service Tutoring Center - North Los Angeles

Business Overview:

This unique tutoring center has been in business for over 20 years harvesting an exceptional reputation and amazing 5-star ratings. It is a one-stop learning center offering a full list of tutoring from K to college, including all academic subjects, languages, technology, and test prep, etc. They serve students of age 4 and up, including adults, in both in-office and online settings. They further differentiate themselves from others by offering high-level subjects with their own textbooks and materials. Their current enrollment is over 120, their typical average. And their average revenue for the last 3 years was about $149k with an adjusted net around $50k. The center is located in a prime part of a city that is diverse in ethnicity and dynamic in educational market. The owner works on a part-time basis and the only reason for the sale is owner retirement. The business has been seeing upward income and currently is not running any advertisements leaving huge room for further growth. Business highlights: • Long establishment with an exceptional 5-star rating • One-stop learning center for all ages and grades with a full list of offerings • Impressive offering of high-level subjects • An excellent team of tutors with dedication and knowledge • Operation through word of mouth • Textbooks & materials in place • Clean books and records • 1,170 sf with a total rent of $2,855 • Open 7 days vs others • Comfort and fun learning environment with a shared kitchen • Income has been trending up on the part-time ownership • Great potential for further growth Disclaimer: The information herein was furnished by the Seller. Neither Sunbelt Business Brokers Pasadena, nor its agents, have verified the information and make no representation as to its accuracy, completeness or reliability. It is buyer’s responsibility to perform independent due diligence to verify all the information, with the aid of appropriate professionals, if necessary, prior to purchasing the Business. A full NDA is required for more details. For more information, please contact Iris Chen at (626) 506-0300 or email her at iris.chen@sunbeltnetwork.com.

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Reason for Selling:

Retirement

Additional Details:

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