Very Profitable Education Franchise

Reno, NV (Washoe County)

Seller Financing Available
Very Profitable Education Franchise

Asking Price:$345,000

Cash Flow:$166,454

Gross Revenue:$675,727

EBITDA:N/A

FF&E:$77,904

Inventory:$2,500

Lease Rate/Sq. Ft.:N/A

Established:2004

Very Profitable Education Franchise

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Business Description

This full-service learning center is a well-known brand with an excellent reputation in Northern Nevada. The Franchise has grown and evolved with the industry to a point where every aspect of running the business from day one is mapped out and supported, which is invaluable. They provide end-to-end support and all the necessary tools for the business owner to succeed. As employers and institutions of higher education continue to raise their academic standards, this center is THE place to go in the Truckee Meadows for tutoring, exam prep, and overall academic success.

No matter the size or industry of your business-interests Northern Nevada is an excellent place to be. The community offers excellent shopping and dining options, robust nightlife offerings, high-performance schools -- including a Tier 1 University with 20,000 students -- and is just half an hour from beautiful Lake Tahoe.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,400
Lease Expiration:
N/A
Employees:
19, 2 ft, 17 ot
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This leased space sets up perfectly for this Learning Center and is located on a main street. Center has easy access and ample parking.
Competition:
No competitor offers the complete package offered by this learning center. Services include: Subject Tutoring, Exam Prep, One-on-one instruction, and conducting meetings with teachers and counselors on behalf of students and schools to get the desired outcome. With over 51,000 new jobs projected for the region by 2020, there will be many new school-aged children needing this service.
Growth & Expansion:
This business has excellent growth potential. Possibilities include offering discount programs with High Tech and other companies coming to the area, conducting fundraising programs at area schools, and contacting local businesses for visits and on-the-ground marketing campaigns. As referrals play a big part of bringing in new business, a customer incentive program could increase the referral rate. Additionally, increased advertising could boost enrollment.
Financing:
$200,000 down payment and interest at 6%.
Support & Training:
Seller will provide Buyer at no charge 2 weeks on site training and 2 weeks phone support if needed. This is in addition to the Franchise training.
Reason for Selling:
Retirement
Franchise:
This business is an established franchise

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Bradley Bottoset

Business Listed By:
Bradley Bottoset

The Liberty Group of Nevada

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