Tutoring Company

Harris County, TX

Seller Financing Available
Tutoring Company
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Asking Price: $110,000

Cash Flow: $48,314

Gross Revenue: $172,077

EBITDA: N/A

FF&E: $20,262

Inventory: N/A

Rent: $26,694.10 /Month

Established: 2012

Tutoring Company

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Business Description

Profitable One-On-One Tutoring Company

The franchise currently has over 115 operating franchises and this Harris County Texas location has been in existence since April of 2012.

All tutoring is paid for in advance on a month-to-month basis using either a debit or credit card. They can also accept cash and checks for payments. When registering the parents sign an authorization for their card to be charged monthly. There are no long-term contracts and parents can cancel further instruction upon 30 days written notice.

The company provides instruction to children from pre-school age to high school seniors. Each student is tested and evaluated prior to receiving instruction. Following is a recap of some of the instruction provided:

• Math • Reading K-3 • Reading 4-12
• Writing • Kindergarten • Honors/Enrichment
• Study Skills • Advanced Math • SAT/ACT

The company has built a reputation for high quality and successful instruction which has resulted in a large group of families that count on them for instruction for all their children and continue to provide them with quality referrals as well. Living Magazine’s readers voted the company the 2017 Best Learning Center in the local edition of their publication. This business allows a large degree of flexibility for a qualified owner. Having a 4-day work week and being open 5 hours per day leaves quality personal time for family and whatever else the owner desires.

The business is located in an attractive strip shopping center, on a busy, high visibility intersection. The facility itself has a front desk/reception area, two classrooms, restroom, break area and private interview/office area. The strip center is anchored by a very busy fast food restaurant and a high traffic Starbucks.

Attached Documents


Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,090
Lease Expiration:
10/22/2022
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The Tutoring Center is in an attractive strip shopping center, located on the busy, high visibility intersection of Atascocita Rd and Will Clayton Parkway. The facility itself has a front desk/reception area, classrooms, restrooms and private interview area. The strip center is anchored by a very busy fast food restaurant and high traffic Starbucks.
Competition:
The buyer would also be protected by a five-mile non-compete that the franchisor gives to all franchisees when executing the franchise contract.
Financing:
Negotiable
Support & Training:
The owner will train the buyer for the agreed to transition/training period and will need to attend the formal training sessions conducted by the franchisor.
Reason for Selling:
Husband's job has relocated him out of state.
Franchise:
This business is an established franchise
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Brad Tait

Business Listed By:
Brad Tait

Tait & Associates Business Brokers

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Memberships & Certifications:
The TABB Certified Business Broker certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the TABB.

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