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- RE: Tutoring Businesses For Sale
- Contact: Moon Kim
- License #: 567204
Quick Facts
Asking Price: | $2,390,000 | |
Annual Revenue: | $2,116,649 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $604,247 | |
Total Debt: | Not Disclosed | |
FF&E: | $60,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2007 | |
Employees: | 63 | |
BBN Listing #: | 950541 | |
Broker Reference #: | #001317 |
Business Overview:
Tutoring businesses for sale! Three franchise learning center locations in the Houston metroplex and Central Texas are now available for acquisition. Established several decades ago, this highly esteemed franchise specializes in after-school remedial and supplementary education for students from kindergarten to grade 12. Offered programs include foundational educational support, homework assistance, study skills development, and college prep courses like SAT/ACT preparation. The demand for such services remains high due to intensified competition for college admissions and the lingering impact of previous COVID-19 restrictions on student performance. The current owners acquired these centers in 2007 and have since managed them with remarkable success, achieving consistent year-over-year growth and earning several corporate awards for outstanding performance and financial results.
These franchise learning centers are strategically located in rapidly growing, densely populated areas near schools and neighborhoods where middle-upper-class working parents reside and seek additional educational support for their children. Unlike some competitors, these franchises employ dedicated, certified teachers who can identify knowledge gaps and employ advanced techniques to address them. Additionally, they prioritize customer service with regular progress assessments and parent meetings to maintain strong relationships. Parents perceive these premium services as a necessity, giving these businesses a significant advantage over most competitors in the current market.
This business offers various avenues to unlock its immense growth potential. For instance, the learning center directors serve a dual role as salespeople, and with further training and development, they can capture a larger market share. Expanding into an increasing number of service contracts with schools presents highly profitable opportunities for generating substantial revenue. Additionally, exploring the provision of third-party proctoring services could create an additional revenue stream. Furthermore, considering expansion into new locations within the current territories is a viable option to explore.
A corporate marketing fund is included as a part of the monthly fees, and corporate has implemented a robust marketing plan, leveraging social media platforms, Google Ad campaigns, and other strategies to grow the online presence. Currently, online marketing serves as the primary source of leads for this business. However, there is an opportunity for management to enhance local marketing efforts, such as exploring potential sponsorships with local school programs or collaborating with other businesses in the area that can mutually benefit each other. There are several options to expand local marketing efforts.
All three locations are equipped with skilled directors and teachers, operating independently of the ownership. The current ownership has minimal involvement and manages the business at a higher level, overseeing finances, accounting, payroll, HR, operations, and marketing. This is an excellent opportunity for a qualified buyer to own three highly profitable learning centers with prime locations and tremendous growth potential.
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Property Features and Assets:
Two locations have been established within the suburbs of the Houston Metroplex, while a third location is situated in Central Texas. Each location offers spacious territories and benefits from being in close proximity to many schools and affluent neighborhoods, ensuring easy access to a wide customer base. The facilities are meticulously maintained and fully operational, guaranteeing a high level of customer satisfaction. The strategic placement of these businesses presents an excellent opportunity to capitalize on the local market. / Inventory: $6,000 (Included in listed price).
Market Competition and Expansion:
Competition: This learning center franchise stands out in a competitive market due to its commitment to providing high-quality services. By employing certified teachers, maintaining smaller teacher-student ratios, utilizing advanced teaching techniques, and leveraging technology, this business offers superior educational support. Additionally, it sets itself apart from competitors by offering a wider range of subjects, including SAT/ACT prep. In contrast, many competitors focus on just one or two subjects and may hire uncertified teachers without proper teaching backgrounds. These competitors frequently depend on generic worksheet exercises that neglect the distinct learning requirements of each student. Consequently, rival enterprises often lose their customer base as they seek out superior alternatives like this franchise. / Growth and Expansion: This business offers various avenues to unlock its immense growth potential. For instance, the learning center directors serve a dual role as salespeople, and with further training and development, they can capture a larger market share. Expanding into an increasing number of service contracts with schools presents highly profitable opportunities for generating substantial revenue. Additionally, exploring the provision of third-party proctoring services could create an additional revenue stream. Furthermore, considering expansion into new locations within the current territories is a viable option to explore.
Reason for Selling:
Planning for retirement.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
Documents:
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