3 Learning Centers Focused on Tutoring & Test Prep

Douglas County, NE

Seller Financing Available
3 Learning Centers Focused on Tutoring & Test Prep
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Asking Price: $830,000

Cash Flow: $257,365

Gross Revenue: $1,054,466

EBITDA: N/A

FF&E: $54,480

Inventory: N/A

Established: N/A

3 Learning Centers Focused on Tutoring & Test Prep

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Business Description

Dedicated to helping students succeed! Part of a national franchise with locations across the globe, these three educational centers are the only ones in Eastern Nebraska and are dedicated to helping students succeed. Services include academic coaching (75%) college prep and homework support (20%) and STEM (5%).

Each location is fully staffed with center directors and team of instructors. The seller currently oversees operations and assists as needed. Requiring pre-payment or an auto payment plan in place, this center has over $40,000 in the pipeline. This business boasts an average sale size around $3,000 for core academic programs with approximately 45-60 students at each location.

Growth opportunities include advancing test prep in private school systems, adding satellite locations, and getting more involved in the local communities. Offering a variety of educational services, this team of dedicated teachers provide students with the individualized education they need to unlock their potential in the classroom and beyond.

Financial Overview
List Price: $830,000
Gross Sales
2018: $1,054,466
Owner Profit/Cash Flow
2018: $257,365
Profit Margin: 24% in 2018
Multiple: 3.25

Valuation: 2018 Cash Flow x Multiple = Valuation
$257,365 x 3.25 = $836,436

Assets Included in Purchase*: $54,480
Equipment: $54,480 Computers, Furniture & Fixtures
Intangible Assets: Positive reputation and proven success record
Pipeline: $40,000 *amounts may vary

Attached Documents


Detailed Information

Location:
Douglas County, NE
Employees:
40
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Offices, lobby, instruction rooms, storage room, etc. Location 1: 1,185 square feet; Location 2: 2,700 square feet; Location 3: 2,588 square feet The Firm Business Brokerage is not a real estate brokerage and therefore the staff will not handle any aspect of the lease, sale or purchase of real estate.
Competition:
Service Area: Omaha Metro, Council Bluffs & Lincoln Number of Clients: Currently around 45-60 students at each location Services: Academic coaching (75%); college prep and homework support (20%); STEM (5%)
Growth & Expansion:
Advancing test prep in private schools, adding satellite locations, and getting involved in the local communities
Financing:
12.5% Seller FInancing
Support & Training:
30-60 days
Reason for Selling:
New Ventures
Franchise:
This business is an established franchise
Business Website:
http://thefirmbusinessbrokerage.com/Listing/Educational-Center-With-Experts-At-
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Cortney Sells

Business Listed By:
Cortney Sells

The Firm

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