Des Moines Metro Education Center Franchise Resale

Polk County, IA

Seller Financing Available
Education Center

Asking Price:$59,999

Cash Flow:$60,359

Gross Revenue:$212,216

EBITDA:N/A

FF&E:$35,000

Inventory:$65,000*

Lease Rate/Sq. Ft.:N/A

Established:2006

*not included in asking price.

Des Moines Metro Education Center Franchise Resale

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Business Description

Extremely motivated seller has made a decision to relocate back overseas and must sell this business. Our office facilitated the sale from an absentee owner losing money to the current owner, who in a short amount of time turned it into a profitable business. Owner financing may be possible, with qualified candidate. This opportunity will not last long!

Established franchised educational center specializing in supplemental education for all age levels. Services include improving academic skills, subject tutoring, and exam preparation such as ACT and SAT. The business does not require owner to have a teaching degree as franchisor will provide all tools necessary to own and operate the business.

Ideal owner is a high quality business person, typically from the corporate world who is a business-minded individual with high energy and likes kids. This is a growing industry that is recession resistant and gives franchisees the opportunity to run their own business with a professional staff and a nice work environment. The franchise has been in the tutoring business for over 30 years and has the experience and expertise to assure franchise owners are successful and profitable. Tutoring is an $11 billion dollar industry and is expected to grow 6% per year through 2017 according to the Education Industry Association.

Purchasing an existing franchise will save a buyer thousands of dollars as new franchise locations can cost up to $200,000 to open. This is an opportunity to step into an existing cash flow with full training, marketing, and support. This business needs an owner who has a passion about education and can monetize that with a directed sales/marketing plan to boost sales and create profits.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,667
Lease Expiration:
N/A
Employees:
2 FTE, 15 PTE
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2,667 sq. ft. leased space
Financing:
Seller will consider some financing for a qualified buyer
Support & Training:
Seller & Franchise will provide training
Franchise:
This business is an established franchise

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Roger Hutson

Business Listed By:
Roger Hutson

Sunbelt Business Brokers

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