Tutoring Franchise – Absentee Run, Under-Performing Location

San Diego County, CA

Tutoring Franchise – Absentee Run, Under-Performing Location
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Asking Price: $65,000

Cash Flow: $19,867

Gross Revenue: $129,679

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

Tutoring Franchise – Absentee Run, Under-Performing Location

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Business Description

Absentee, Potential to grow

Brief History: After purchasing this under-performing location from the Franchisor in June 2017, the sellers have worked diligently to turn the business around, 2018 financials are a testament to it. The location was making a loss in the year 2016 & 2017, however, the business turned positive in 2018 and continues to grow.

Reason for sale: The seller has a second location of the same franchise; however, they have decided to sell the Poway location. The reason for the sale of this location is because, both husband and wife work full-time, and they did not realize the stress and impact this additional business would have on their lives.

Absentee Run Operation: The business is run absentee with a help of a manager, the owners believe that an owner operator would not need a manager and there is potential to grow the business with the owner’s involvement.

Location: The current location for the business is significantly larger than needed, the buyer can relocate the business into a smaller facility starting Jan 2020, saving additionally on expenses.

About the Franchise: The franchise helps your child on their way to success regardless of their skill level. Whether the student needs help with the fundamentals, math, reading, writing, or even SAT & ACT Prep, their tutors will get them pointed in the right direction with all the guidance that they need.

Grade Levels
Kindergarten - 1st Grade
2nd Grade - 5th Grade
6th Grade - 8th Grade
High School

Subjects:
Mathematics, Reading, Writing, Fundamentals, Test & College Prep ACT/SAT, School Support including all AP/Honors subjects - AP Calc, AP Statistics, AP Environmental Science, AP European/US History, AP English Literature, AP Bio, AP Chem, AP Physics, AP Spanish, Algebra, Geometry, Study Skills etc. We also provide Standardized Assessment test prep such as ERB/ISEE/CTP and GATE testing for Gifted and talented students.

Price: $65,000
(Including Inventory. Plus, Franchisor Transfer Fees)
Contact: Raj Parikh | (909) 510-9102 | rparikh@naicapital.com

Detailed Information

Support & Training:
As Needed
Reason for Selling:
Health and Family Reasons
Franchise:
This business is an established franchise
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(from currently available funds)
 
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Raj Parikh - CBB, CBI, MBA

Business Listed By:
Raj Parikh - CBB, CBI, MBA

NAI Capital - Business Brokerage Division

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Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) 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 CABB.

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