Profitable Math & English Learning Center for sale

Morton Grove, IL (Cook County)

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Asking Price: $100,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $2.10 /Month

Established: 2010

Profitable Math & English Learning Center for sale

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Business Description

Fully Operational Business ideal for Owner-Operator

Eye Level Morton Grove is looking for someone who cares about children education and someone who wants to enjoy working with children. Our center is now well established. We just need someone who can put their passion into it. We have over 90 students enrolled as of today’s date.
And has lot of potential to grow lot further.

Eye Level is one of the world's largest supplemental education programs with nearly 40 years history benefiting over 1.8 million students. Eye Level is enjoying rapid growth and continuing to gain international recognition as a leading franchise system.

Eye Level begins with our core concept of having every child believe that "I am the key" to unlock my future success. Through our curriculum, the student follows a step-by-step process that allows him or her to become a confident, self-directed learner. The student learns and masters each concept through an individually tailored experience - not by pure repetition or memorization, but by focusing on developing basic skills and the ability to think critically. We also strive to meet and coach the child on his or her own level.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,080
Lease Expiration:
7/31/2029
Employees:
4
Facilities:
We have 13 student desks, 2 teachers desk, 1 director's desk, 3 long class table , 8 white chairs, 9 red chairs, 2 office Cabinets, 6 (2" by 4") bookcase, 1 (1" by 5") bookcase, 2 water Dispenser & 2 reading corner benches. All booklets are assets of franchisor and it will will furnished by the franchisor.
Competition:
Morton Grove Golf Middle school is situated just in two blocks on the same road side. Parkview Elementary, Hynes , Melzer Elementary schools are all less than a mile distance. In terms of ethnicity, Morton Grove is populated with over 20 % of Indian, Pakistani and Asian, whom are majorities of Eye Level program followers. Lastly, there is Muslim Community Center in less than a mile from the learning center, where a lot of families are dedicated to, also promotes our program within the community.
Growth & Expansion:
We started with 23 subjects and now we are in upper 90s within 5 years in business. Since it is education related services, it took long to stabilize. As of 2018, we have strong positive reviews and have frequent referrals, that shows it is consistently growing. Morton Grove area has been ranked top 3 in U.S to raise kids according to Businessweek. Morton Grove exemplified including high performing schools, low crime and recreational cost.
Support & Training:
The Initial training for new owner will be provided by the Eye Level Corporate Headquarters in Ridgefield Park, New Jersey before signing the franchise agreement. The current owner/Center Director will be operating the center with the new ownership at least for month or two.
Reason for Selling:
Personal reason
Franchise:
This business is an established franchise
Business Website:
http://www.eyelevelmortongrove.com
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Business Listed By:
Xavier Kim

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