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- RE: Profitable Tutoring Centers With Established Contract
- Contact: Bond Chaiprasit
Quick Facts
Asking Price: | $4,150,000 | |
Annual Revenue: | $3,578,531 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $1,772,834 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 985856 | |
Broker Reference #: | 60375-613209 |
Business Overview:
Own 2 highly successful franchise tutoring centers in Los Angeles and Culver City locations. These centers have 50%+ margins, a strong revenue stream secured by contracts with school districts, and further growth potential. The centers serve large legacy territories – far larger than most franchise locations and caters to a prime target demographic. With strong market demand, there is room to further expand and maximize this opportunity by opening satellite centers at low additional operating costs.
The strength of the curriculum and brand name recognition of this franchise establishes these centers as a go to for tutoring. The program offerings are diverse and have supported students from K-12 succeed both in school and beyond for decades.
Favorable lease terms locked in through 2029, with options to extend.
Seller financing is available for qualified buyers. Additionally, owner is willing to provide training for 4 weeks at 10 hours per week at no cost. Additional training may be available at mutually agreed terms.
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Market Competition and Expansion:
With a strong demand for supplemental education, both locations benefit from excellent demographics. Culver City Center has 140,088 children (ages 5-17) within a 5-mile radius, while Los Angeles boasts 142,206 children in the same age group.
The private tutoring market is marked to progress at a CAGR of 9.3% through 2034. The market is riding the wave of proliferation, reaching USD 157.0 billion by 2034 from USD 64.4 billion in 2024. -("GlobeNewswire")
Reason for Selling:
other business interestsAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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