Premiere Education Franchise in Frederick & Hagerstown, MD

Frederick, MD (Frederick County)

Premiere Education Franchise in Frederick & Hagerstown, MD
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Asking Price: $400,000

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Premiere Education Franchise in Frederick & Hagerstown, MD

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Business Description

Sylvan Learning: The Nation's Leading Supplemental Education Franchise

Don't miss the opportunity to purchase a sustainable, ongoing multi-unit operation with a longstanding history serving Fredrick, MD for 33 years and Hagerstown, MD for 26 years! Sylvan Learning provides a range of services, both remedial (with tutoring for reading, writing, mathematics, and study skills) and enrichment (with coding, robotics, and engineering), serving students from age 4.5 through their academic life time with the College Prep line. The territory for sale is exclusive and protected and includes two fully operational learning centers.

Sylvan Learning of Fredrick:

Frederick County is the largest county in Maryland and is home to 67 public schools, 19 private schools, an evening school, a career and technology center and three colleges. Frederick contains a military base and research facility, Ft Detrick. There is tremendous growth in all levels of residential housing; condos, town homes and single family homes. There is also a large influx of biotechnical and technical based companies. The projected growth for the public school system is upward and is projected from the present through 2040.

Frederick competition consists of private tutors, C2, Kumon, Mathansium, and Club z. The competitive learning centers are very new to the Frederick area (just opened within the last 2 years) signaling that the growth in our area has potential to support more learning centers. Since the Frederick Sylvan Learning Center has been established since 1986, it boasts a 33 year experience with the area, the schools, the professionals and our families. We currently have former Frederick Sylvan students, teachers, counselors bringing their children in for tutoring.

Frederick is a condo with a ground floor entrance with ample parking located in a business/medical commercial area (full of professionals)on the north side of Frederick, MD. The center floor plan includes a large reception area, a large instructional area that
accommodates 7 instructional tables, 5 offices, two testing rooms, a large group instruction room, two bathrooms, a kitchen with sink, cabinets, microwave and fridge/teacher check in area. The carpet, furniture and painting is in excellent condition.

Sylvan Learning of Hagerstown:

Hagerstown is located in Washington County, Maryland and is home to 26 public schools, 28 private schools and a local community college. The Hagerstown location has had positive growth over the past 2 years and YTD has had a 36.5% growth YOY There continues to be a positive growth in this county as well as surrounding Jefferson, Berkeley, Waynesboro, Chambersburg and Greencastle counties and districts. We currently have students that travel 45 minutes to attend their sessions.

Hagerstown competition consists of primarily private tutors only at this time. Hagerstown is in Washington County and is part of the Tri-State area that includes nearby Pennsylvania and West Virginia. Hagerstown has been operating for 26 years and has a positive working relationship with Washington County Public Schools. Hagerstown also draws student enrollment from the neighboring counties of Jefferson, Berkeley, Waynesboro, Chambersburg and Greencastle.

Hagerstown is also a condo with a ground floor entrance which is in a commercial building shared with one other business (insurance business) . The center is located near a middle, elementary, and high school and the neighbors which feed those schools. This center has street signage as well. The center floor plan includes a reception area, a large instructional room that accommodates 5 instructional tables, a group instruction room accommodating two more instructional tables, a large Director’s office, a testing room and 2 bathrooms.

Detailed Information

Location:
Frederick, MD
Facilities:
Frederick Location: 3823 sq. feet, owned by the franchisee. Fredrick Staff: 2 Full Time / 8 Part Time Hagerstown Location: 1693 sq. feet lease @ $2305.17/month through May 1, 2022 Hagerstown Staff: 3 Full Time /12 Part Time
Competition:
As the leader in the supplemental educational space, Sylvan delivers individualized tutoring instruction using SylvanSync, a proprietary digital teaching platform designed to support each student's distinct learning needs. Sylvan Learning supports core tutoring programs in Reading, Math, Study Skills, Writing, and provides support with students immediate needs through our Homework Help program.
Growth & Expansion:
With SylvanSync's mobility in addition to the growing popularity of the STEM line, Sylvan EDGE, Sylvan has enabled Franchisees to open in satellite locations in order to expand their footprint across a larger geographic area, allowing more convenience for their consumers. There is a tremendous opportunity for Sylvan Satellite(s) locations to service more students for more revenue growth.
Support & Training:
The seller will provide transitional support in addition to Franchisor support ranging from a Franchise Business Consultant and a Local Marketing Specialist, a 4-day-intensive in -person training in the beginning of the transition as well as a multitude of additional trainings delivered online, via phone, and in-person throughout your lifetime as a franchisee.
Reason for Selling:
Retirement
Franchise:
This business is an established franchise
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Business Listed By:
Kristie Kalinowski

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