Huntington Learning Center - Very Profitable

MD

Huntington Learning Center - Very Profitable
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Asking Price: Get Financing: $700,000

Cash Flow: $311,000

Gross Revenue: $900,000

EBITDA: N/A

FF&E: $51,000

Inventory: N/A

Lease Rate: N/A /SF

Established: 2000

Huntington Learning Center - Very Profitable

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Business Description

Very Profitable Huntington Learning Center

Huntington Learning Center located in the Baltimore Washington Metro Area in an upscale shopping center. Top performing center in a prime location. Very profitable and priced at market value.

Detailed Information

Real Estate:
Leased
Building SF:
1,839
Lease Expiration:
N/A
Employees:
2 F.T. plus P.T.
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Excellently located in major shopping center. Great visibility among anchor tenants.1,839 square feet with an annual rent of $66,204 plus pass-thrus. Seven years remaining on existing lease term, plus two 5 year options. New leasehold improvements. Well known anchor tenants creating local and regional customer draw.
Competition:
Huntington Learning Center operates nearly 300 centers in 38 states and is recognized as a pioneer and leader in the franchise tutoring industry. This Franchise Center provides quality personalized instruction to students through respected certified professionals ensuring that every student receives the best education possible. Huntington Learning Centers average 50% higher revenue than their nearest competitor and this Center is one of the top performing centers for revenue and profitability in the franchise system.
Growth & Expansion:
Significant revenue growth has been experienced in each of the past three years, which is closely associated with the Center relocation to its present shopping center location. Additional revenue growth will be experienced by expansion in the service of ACT and SAT Exam tutoring.
Support & Training:
Transition training and support will be provided as needed to buyer by owner. Additionally, franchisor has extensive training and support program.
Reason for Selling:
Retirement.
Franchise:
This business is an established franchise
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Contact the Seller

(from currently available funds)
 
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Andrew (Drew) Smith, M&AMI, CBI, MCBC, CBB

Business Listed By:
Drew Smith

The Morton Group

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Merger and Acquisition Master Intermediary (M&AMI) is a professional certification awarded to Intermediaries who've achieve very stringent educational and professional requirements. M&AMI's agree to abide by an ethical code of conduct when working with business owners and buyers.

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