Kansas City Learning Center & Test Prep

Kansas City, MO (Clay County)

Seller Financing Available
Kansas City Learning Center & Test Prep
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Asking Price: $512,000

Cash Flow: $170,286

Gross Revenue: $360,421

EBITDA: N/A

FF&E: $39,344

Inventory: N/A

Established: 2012

Kansas City Learning Center & Test Prep

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Business Description

2019 Annualized Cash Flow of $170,286!

This Kansas City learning center offers one-to-one academic instruction and ACT/SAT test prep services. Using direct instruction combined with the research based Rotational Approach to Learning, this center specializes in math, reading and writing for kindergarten through 12th graders. With a 44% profit margin in 2018, 2019 is expected to create $170,286 in cash flow.

Strategically located in a high foot traffic area on an end cap of a busy strip mall, this business is well known throughout the community. Established relationships with the school districts in the area keep a solid and reoccurring client base flowing through the doors. The 1374 sq. ft. space includes 2 classrooms, director’s office, reception room and staff area.

All clients are set up on automatic payments with an average sale size $350 a month per student. Active clients include 93 academic students and 10 utilizing test prep services. Boasting a 95% success rate for their students, in 5-6 months, students improve one full grade level in academic skills. The employees that assist in making this possible include 2 head instructors (retired teachers), 3 instructors (bachelor's degrees), 4 assisted instructors (current college students) and 4 senior interns (top level seniors in high school). The current owner is the Center Director and is primarily responsible for moving new students through the enrollment process.

Growth opportunities include being open additional days and/or hours in order to add additional sessions to expand the client base, as well as establishing partnerships with the homeschool community. There is also an opportunity to partner with the Regional Autism Center to utilize the state funding available to families to cover the cost of tutoring for children on the Autism Spectrum.

*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.

Attached Documents


Detailed Information

Location:
Kansas City, MO
Employees:
13
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1,374 sq. ft. includes 2 classrooms, director’s office, reception room and staff area
Growth & Expansion:
Being open additional days/hours, adding sessions, establishing homeschool and Regional Autism Center partnerships
Financing:
Purchase Price: $512,000 10% Buyer Down Payment: $51,200 10% Seller Financing: $51,20
Support & Training:
60 days or as needed
Reason for Selling:
New Ventures
Franchise:
This business is an established franchise
Business Website:
http://thefirmbusinessbrokerage.com/Listing/Kansas-City-Learning-Center-Test-Pr
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Cortney Sells

Business Listed By:
Cortney Sells

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