Learning / Tutoring Center
Location Connecticut,United States
Asking Price Range $500K - $1.0M
Gross Revenues $648000
Net Profit / Cash Flow $191000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1999
Number of Employees 1 - 3
Relocatable Yes
Number of Employees 1 - 3
Real Estate Leased
Training Yes.
Reason for Sale Other business interests.
Description A substantial reduction in asking price due to absentee ownership, from $762,000 to $535,000. A national franchise dedicated to providing tutoring services to students in pre-K through 12th grade. Tutors help children succeed in reading, writing, and math, and provide homework assistance and guidance with study skills, including State and SAT/ACT test preparation. According to Eduventures, Inc., over the past three years, consumer spending on tutoring has increased 7 to 10 percent annually, and annual increases of 12 to 15 percent are projected for the future. Other growth opportunities include responding to the No Child Left Behind requirements at the local level and providing convenient ''live'' online tutoring services to busy families. The office space is leased with 5 years remaining and an option to renew for 5 years. Contact for more information on this Learning / Tutoring Center for sale.
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