Business To Buy

Franchised Tutoring Business

Chicagoland, Illinois
A rare opportunity to make money while helping children with their educational needs. This franchise offers a solution to the educational problems parents and children face daily. This franchised learning center is an industry pioneer, providing supplemental, remedial and enrichment instruction to K-12 children. The focus of the business is to diagnose a child’s problems that inhibit their academic achievement. Importantly, no experience in the educational field is required. The owner manages the business, interacts with parents, and builds awareness within in the community. The franchisor offers a proven system with 30+ years experience and provides all computer and operational systems needed to manage the business. The franchisor also offers substantial initial training to help you get started as well as ongoing training to help you optimize and grow your business. The facility is in one of the fastest growing areas in the Chicago area. The business is currently run semi-absentee as the owner manages two other unrelated businesses. The business has high brand awareness and is primed for growth with multiple revenue streams. For more information, e-mail Dana Frazier at dfrazier@sunbeltnetwork.com for a non-disclosure agreement and to initiate next steps.

Financials

Price: $499,000
Gross Income: $481,489
Cash Flow: $98,066
FFE: $70,000
Inventory: $0
Real Estate Value: $0

About the Business

Office Reference ID: #N117
Year Established: 2002
Financing:
Training: Seller will stay on and provide training for a period of time and terms to be discussed prior to offer. Seller also acknowledges a non-compete agreement is negotiable.
Facilities: Facility is in great condition. The seller recently made significant improvements to the center to meet current franchisor standards.
Competition:
Growth: Among other possible growth opportunities, a new owner could increase cash flow by:o Continued expansion of college exam prep and No Child Left Behind (NCLB) tutoring by adding more schools or districtso New product offerings, such as high school entrance exam tutoringo Optimizing profitability of core K-12 tutoring
Business Listed By
Name: Dana J. Frazier
Company: Sunbelt Business Brokers
Phone: 815-806-8401

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