Priced for Quick Sale -Profitable Bus Matching Tutors and Families
5-year old Tutor Doctor Region for Sale
Tutor Doctor of Denver Foothills began active selling in January 2011. Tutor Doctor of Denver Foothills is a family-run business covering a large geographical footprint with an extremely large potential customer base.
This franchise was purchased by a husband and wife team. With two young children at home and being relatively new to the Denver area, the wife was looking for something that would let her get involved in their community, supplement their income, and spend as much time as possible with their family. Tutor Doctor helped them meet all of these goals. After a slow start, the business really took off in 2013-2014, with a sizable stable of tutors and many repeat and active customers. Now, with both of their children in school, the wife has accepted a full time role at the school. As a result, the family feels the time is right to pass the business on to somebody who can continue to grow it and service the existing client base.
Running a Tutor Doctor franchise
As a home-based business, Tutor Doctor allows you the flexibility to work when you want. You are in charge of how many students you want to service and the number of tutors that you want to use.
Marketing – most marketing is done through pay-per-click campaigns through search engines. Parents searching for tutors utilize Google or other search engines, and we pay for our website to come out near the top. We also attend festivals or other events where we can set up a table and talk to potential customers.
Hiring Tutors – We recruit and hire our own tutors. We utilize Craigslist ads, online ads, and e-mail blasts to identify potential tutors, and then meet with them to determine if they are a fit for our model. Tutors are only paid for the hours they work, and they can be as busy or as slow as they would like. Flexibility is a key with our tutors as they need to work around the student’s schedule and provide instruction in the student’s home.
Signing up Customers – Free consultations are done in the customer’s home, with the child present. We try to get a feel for the student, their habits, where they are struggling, and determine the type of tutor that would best fit their needs. Once the need is identified, we discuss timing and frequency of tutoring sessions and package offerings. Payment is made at the time of enrollment or a payment plan can be set up.
Back-office activities – Tutor Doctor home office provides a cloud-based customer relationship management solution. All tutors and customers are loaded into the software, and you match up the tutors with each customer. From here you are able to track tutoring sessions, follow-up activities, accounts receivable, gross revenue, and other key items
Training – The home office provides a full week of training, where you will learn all the tools and skills necessary to run a successful business
Tutor Doctor of Denver Foothills covers an extremely large geographical footprint, covering portions of Douglas, Jefferson, Park, Summit, Grand, and Clear Creek Counties. With a 2011 population of over 138,000 residents, this territory is about 40% larger, in terms of population, than a typical Tutor Doctor territory.
Zip Codes included in Territory:
80135, 80401, 80421, 80433, 80435, 80439, 80442, 80446, 80452, 80456, 80465, 80470, 80482, 80827
Sales and profit information are from 2014 when the business was run normally. That year, sales were over $85,000 and take home earnings (before taxes) were $46,000. However, when a full time role was accepted in 2015, the business took a hit financially. We managed to keep the current customers, but only added a few new ones due to other commitments, so the regions has lots of potential. New regions start at $40,000, so you get an established region for the cost of a new one. In addition, there are many other successful Tutor Doctor franchises in the Denver area, so you get the benefit of working with other successful b