Profitable Well-Established In-Home Tutoring Business

Frisco, TX (Collin County)

Profitable Well-Established In-Home Tutoring Business
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Asking Price: $249,000

Cash Flow: N/A

Gross Revenue: $320,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2011

Profitable Well-Established In-Home Tutoring Business

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Business Description

A business that helps children thrive!

This company is an education coaching and tutoring business that provides one-to-one individualized instruction. We send tutors to the home, or a public meeting place, and create an individual student plan. Whether the student is an elementary student with a learning disability, a teen or university student requiring advanced instruction, or an adult completing job retraining, our in-home tutoring services are customized to individual abilities and needs. Because we have a large roster of tutors and match them according to student requirements, we can do all subjects and all levels.

• This is NOT the traditional “learning center” based tutoring model.
• Parents do not have to drive their children to an education center for their individual classes.
• We provide a one-on-one ratio of student to tutor.
• We personalize the tutoring to enhance the student’s own curriculum and partner with the student`s own teacher.
• We stay in alignment with the student’s classroom teacher.
• We offer flexibility to fit in with each family’s unique and busy schedule.
• Our tutoring network is able to offer private tutoring in all grade levels including college, university, and executive education.

The current franchisees have seen tremendous success over the 7 1/2 years they've been in business, including winning Franchise of the Year and the President's Award among several other awards. The business is currently run as a mostly-passive turnkey operation with a full staff. It can also be run as an owner-operator model where the owner takes on more of the day to day responsibilities.
Franchise Summary
• Our regional license covers 4 territories in the following Zip Codes in Collin and Denton Counties: 75035, 75034, 75033, 75070, 75071, 75078, 75065, 75077, 75028, 75022, 75077, 76226, 76210, 76262, 76247, 76259
• Our territories have access to the University of North Texas, University of Texas at Dallas, SMU, TWU and Collin College, which are all a great source for tutors as well as clients.
• We typically have anywhere between 220-450 students and 80-130 tutors on our rosters, depending on the time of the year.
• We have created and implemented a fully staffed business allowing for the business owner to work on the business and not in the business, if he/she wishes
• We have created local Standard Operation Manuals for each staff position to make transition to new ownership seamless.
• The corporate home office provides a full CRM system to easily keep track of students, tutors, tutor usage and communication.
• The corporate home office provides a full-service call center to handle all incoming lead requests.
• Our franchise is an approved vendor with Frisco ISD.

Detailed Information

Employees:
6
Facilities:
This business requires no brick and mortar, and can be run from a home office. Assets included in the sale: • one 2012 Branded/Wrapped Toyota Prius • 4 Branded Car magnets • Promotional set up including; white branded 10x10 tent, table, tablecloth, pop up banner • Curriculum inventory (ACT/SAT Books and Online Access Codes, Xskills Books) • Marketing and Consultation material inventory • Over 2500 client leads in our database • Standard Operation Manuals for local operations
Competition:
With a school age population of over 90,000 students, and a median income over $120k, Frisco and McKinney are prime territories for an educational service business. The area is known for its very competitive and strong school systems, as well as its high graduation rate. This competitive atmosphere creates a thriving environment for tutoring as students strive to compete or catch up to their peers, and to improve their GPA's for college acceptance.
Growth & Expansion:
Frisco and McKinney continue to be the fastest growing cities in the US. With the bonus addition of the territories to the west, including Lewisville, Trophy Club and Roanoke, the expansion possibilities are endless. UNT has also announced that they will be building a campus in Frisco, further enhancing the ability to offer superior tutoring services to the students in this area.
Support & Training:
Training includes a full week at the Home Office. Support includes access to a large support team at home office including business coaches that provide help with marketing, recruiting, financials, and more. The home office has a full marketing division that provides professional collateral to use in local marketing as well.
Reason for Selling:
Health Issues/Retirement
Franchise:
This business is an established franchise
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Business Listed By:
Stacy Parkelj

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