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- RE: Thriving Learning Center W/ High Growth Potential
- Contact: Joe Dominguez
Quick Facts
Asking Price: | $95,000 | |
Annual Revenue: | $248,244 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $4,087 | |
Real Estate: | Not Disclosed | |
Year Established: | 2020 | |
Employees: | 17 | |
BBN Listing #: | 986659 | |
Broker Reference #: | 1653 |
Business Overview:
This opportunity is for an individual aspiring to own a well-established and actively operating education center in Chattanooga, Tennessee. This esteemed institution has been a cornerstone of the community, providing comprehensive educational programs that serve a diverse range of students.
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Property Features and Assets:
Lease Info:
- Square Feet: 1,850
- Total Rent: $3,000
- Lease Expiration: 01/31/2026
- Lease Options: Option to extend 3 years at the same rate
Market Competition and Expansion:
There are a few other tutoring and education businesses in the area.
Upon receiving a CIM, you will see that 2023 and 2024 years have declining profits due to absentee ownership. In 2022 the business had an Active Owner and earned a net income of $97,756!
The individualized education sector is experiencing significant growth, offering various opportunities for expansion, such as developing new programs, forming partnerships with local schools, and improving online services. A new owner can significantly enhance their revenue by focusing on strategic marketing efforts.
Reason for Selling:
Business did not work for absentee ownership.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
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