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Well-Established Tutoring School with Growth Potential

Harris County, TX

Well-Established Tutoring School with Growth Potential
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Asking Price: $50,000

Cash Flow: $18,874

Gross Revenue: $65,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $1,418 /Month

Established: N/A

Well-Established Tutoring School with Growth Potential

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Business Description

Owner opened the business in June 2012 and has operated personally uninterruptedly. The business has formed strong ties with the communities and gained acceptance of all local ethnic groups, being recognized as the top-tutoring institution in the southwest Houston area, with top internet reviews. The business owner is passionate in what he does and has a goal to foster the community involvement of the business, going the “extra-mile” for his clientele, even to the expense of his short-term earnings. Business has 4 vans for children pick-up and drop-off. Current owners have done no marketing, which would increase sales. Growth potential opportunities available by expanding current location and increasing classes (mornings, weekends, vacations) or adding day-care services.

Detailed Information

Location:
Harris County, TX
Real Estate:
Leased
Building SF:
1,400
Lease Expiration:
N/A
Employees:
4
Facilities:
Business owner opened the business in June 2012 and has operated personally uninterruptedly. The business has formed strong ties with the communities and gained acceptance of all local ethnic groups, being recognized as the top-tutoring institution in the southwest Houston area, with top internet reviews. The business owner is passionate in what he does and has a goal to foster the community involvement of the business, going the “extra-mile” for his clientele, even to the expense of his short-term earnings.
Competition:
In the vicinity there are competitors that target the Asian community only. No competitors for the other ethnic groups.
Growth & Expansion:
Providing day-care services or weekend tutoring services. Extend schedule for mornings (day care). Summer/holidays classes could also be provided, at an expanded schedule. Potential to expand business (additional classroom) which would increase revenues. Business has not done any social-media / community marketing. A marketing campaign would increase revenues. Buyer could register with UFH or HCC to recruit students (teaching internships) eliminating/reducing tutoring costs.
Support & Training:
2 weeks
Reason for Selling:
Owners wish to undertake new commercial activities
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Pedro Palacios-Rhode

Business Listed By:
Pedro Palacios-Rhode

Transworld Business Advisors

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Sponsoring Broker:
Gerald G. Brisson, CBI, M&AMI, CMAP

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