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Learning and Test Prep - Well-known, Premier Franchise

Middlesex County, MA

Seller Financing Available
Learning and Test Prep - Well-known, Premier Franchise
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Asking Price: $250,000

Cash Flow: $116,464

Gross Revenue: $540,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $5,400 /Month

Established: 2004

Learning and Test Prep - Well-known, Premier Franchise

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Business Description

This business is a local franchisee of a nationwide network of about several hundred centers providing tutoring and test prep services. This center opened 2004. During the 3-year period of 2016-2018, the business has had average annual sales of $540,000 with discretionary earnings of $116,000 during the same period. This is a “top 50 franchise” according to Franchise Business, Review. A buyer will receive full training, on-going support, an established business, immediate income, a business that is a candidate for SBA-backed financing, all at a fair market price. For more information, please contact John Coto, Certified Business Intermediary at Alliance Business Brokers, LLC by email or call 603-880-8200. Attention Business Owners: We have buyers looking for businesses to buy and not enough listings! If you are considering a possible sale or would just like to learn more about the process, please call me for an initial, confidential discussion.

Detailed Information

Location:
Middlesex County, MA
Real Estate:
Leased
Building SF:
3,200
Lease Expiration:
N/A
Employees:
14
Facilities:
The business leases approximately 3200 sq. feet with off street parking in a strip mall.
Competition:
Market leader.Tutoring in the U.S. is a $4.9 billion dollar industry and is projected to reach $5.2 billion by 2021. Exam Prep and Tutoring ranks #8 on a list of “Best Industries for Starting a Business”. More parents are paying for tutors for their children, and spending on tutors is growing at more than 5 percent a year.
Growth & Expansion:
May be achieved by (1) increased marketing and sales promotion; (2) hiring additional staff
Financing:
Business is a candidate for SBA financing. Small amount of Seller Financing, negoti.
Support & Training:
Franchisor will provide 4 weeks of initial training, including classroom and field training in one of the 35 corporate centers. Ongoing training throughout the life of your franchise includes 24/7 access to online modules as well as in-person local and regional sessions. Additionally, Seller will provide up to 2 weeks of training included in the sale immediately after closing.
Reason for Selling:
Pursue other businesses
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John Coto

Business Listed By:
John Coto

Alliance Business Brokers, LLC

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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.

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