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Profitable & Established Education Business

Cook County, IL

Profitable & Established Education Business
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Asking Price: $60,000

Cash Flow: $50,000

Gross Revenue: $240,000

EBITDA: N/A

FF&E: $50,000

Inventory: N/A

Rent: $3,500 /Month

Established: 2010

Profitable & Established Education Business

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Business Description

A rewarding business with positive cashflow

As a 40-year-old company, Sylvan Learning has evolved into a tutoring facility that offers a variety of educational products that is able to serve more students than ever before. Sylvan Learning offers the widest breadth of programs in the supplemental education industry, attracting students from Pre-K through 12th grade. Our programs range from reading, writing, math and study skills, to coding and robotics, to college prep. Come join the leader in supplemental education and explore the opportunity to invest in a sustainable, ongoing business in Chicago, Illinois!

Employee Details: The center is run by a Center Director and 8 part-time teachers.

Detailed Information

Location:
Cook County, IL
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,342
Lease Expiration:
12/31/2019
Employees:
9
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
All assets included including ipads, computers & furniture. The Center is fully furnished located in University Village neighborhood, surrounded by a number of business and has its own parking. Rent is around $3,500 with lease expiring December 2019. The lease has another 2 year option available.
Growth & Expansion:
The center has ongoing Contract Service Agreements (amounts assured), and other engagements in negotiation, adding immense value to these resales! Sylvan’s ACT and SAT business is strong within the Chicago territory, generating additional revenue. The center is enrolled in Sylvan’s Contact Center, freeing up your time to focus on in-center operations and local marketing activities.
Support & Training:
Current owner is willing to support the buyer to ensure a smooth transition. The franchisor provides a plethora of training and support beginning with 1 on 1 collaboration with a personal Franchise Business Consultant and a Local Marketing Specialist.
Reason for Selling:
Relocation
Franchise:
This business is an established franchise
Business Website:
http://Education
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Not Disclosed

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