Franchise Tutoring Center Net $160K-Owner Finance

NOT DISCLOSED, New Jersey

Asking Price $300,000 Year Established 2000
Annual Revenue $1,390,357 Reason for Selling Retiring.  
Annual P/L $0 Attention Joe Chiarello
Annual Cash Flow $160,538 Listing Number 987854  
# of Employees 35 Business Category Services: Education & Training

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

Property Features and Assets:

<p>Assets = $505,000</p>

Market Competition and Expansion:

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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