The Tutoring Center of Foster City For Sale

Foster City, CA (San Mateo County)

The Tutoring Center of Foster City For Sale
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Asking Price: $75,000

Cash Flow: $5,000

Gross Revenue: $120,000

EBITDA: N/A

FF&E: $30,000

Inventory: $5,000

Established: 2009

The Tutoring Center of Foster City For Sale

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Business Description

Proudly Presents The Tutoring Center of Foster City --Since 2009

This is a profitable established tutoring service in Foster City. an affluent area where some of the renowned companies such as Gilead Pharmaceutical, Visa and Play Station etc. located. The Tutoring Center is located in family-friendly, well-configured, convenient and accessible strip mall retail space, in San Mateo County, in the affluent Silicon Valley of California. The strip mall is situated next to a beautiful lagoon lined with mulit- million dollors homes, community centers and walking trails. According to Areavibes.com, Foster City has scores of A's on education, employment and low crime rate. There are 4 public schools and 3 private schools in Foster City with an average score of 77% compared to 49% of the national standard. Education is the first priority spending among the families of Foster City.
This Center has been opened since 2009 with 10 years experience in education and students counseling in academic performance. Our renowned method: The Rotational Approach helps our students foster a love of learning while giving them the tools and confidence to perform at their best has been proven to high student retaining rate of 80 percent.
The difference between The Tutoring Center and other tutorings is the retaining rate and the methodology. Most of our students stay with us at least 6-12 months. Our main focus is to prolong students' attention span. We can help students with high functioning autistic spectrum disorders, ADD, ADHD and dyslexia.

Detailed Information

Inventory:
Included in asking price
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business is located in a community strip center, A- Plaza, which is anchored by Lucky’s Supermarket. There are quite a lot of walk-in customers from supermarket shoppers. Most of the business is referred by parents and teachers. Assets include account receivable, inventories (books), computers, printers, i-pads, stationery, furniture, and goodwill.
Competition:
There is a Chinese after- school care next door, the Great Wall School. Kumon is located on the other side of the strip mall above Citibank Kumon uses the methodology of repetition and memorization.The Chinese school is an after school program offered to the students with their homework. The Tutoring Center, however, focus on teaching the basic foundation and fill the skill gap of students who are behind their grade level. We also help students to prolong their attention span and increase their self-confidence in learning.
Growth & Expansion:
SAT/ACT programs and longer business hours. Currently, the Center opens 16 hours per week, Mondays to Fridays. New owner can open longer hours by offering Saturdays or Sundays classes.
Financing:
P/L available upon request
Support & Training:
Approve franchisee can attend corporate training. Owner will provide further free on-site training for 1 month. Paid training and supporting teaching are available at a reasonable fee after the free period.
Reason for Selling:
Owner's retirement
Franchise:
This business is an established franchise
Business Website:
http://tutoringcenter.com
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Business Listed By:
Grace Ko

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