Somerset County, New Jersey: $40,000 USD
Youth Enrichment and Education

Tutoring Business

franchise for sale in Somerset County, New Jersey

List Price: $40,000 USD

Key Facts

Annual Gross Revenue

$128,848 USD

Cash Flow

$25,000 – $50,000

Seasonal Business

No

Value of Inventory

Less than $25,000

Value of Assets

Less than $25,000

Year Established

2014

Business Operates From

A retail location

Location Is

Leased

Total Employees

Less than 10

1–3 Months

Transition
Support

Some

Seller financing Available

Part-time

Owner
Involvement

About this Business

Education is big business – especially now. Parents are looking for their children to improve skills impacted by virtual learning environments, willing to pay for quality supplemental support not received in the classroom.

This franchise has been in business serving children and families from the local communities of Somerset County for 8 years. Enrollment in is on the rise, the business is performing well, rebounding from the impact of Covid with a 142% rise in revenues in 2022!

• Programs and curriculum in place for K-12 in reading, writing and math
• Reliable and experienced staff provides one-to-one instruction
• Loyal customer base with growing enrollment in 2022
• Conveniently located in a busy shopping plaza
• Proven system delivers high quality services at family-friendly pricing.
• Franchise provides training, no teaching experience is necessary.
• Great potential for growth by re-instating ACT/SAT test prep services, not available within 7-10 miles.

There are a few direct competitors in the area and some home-based tutors. The franchise business model allows the center to offer quality services at a very affordable price. Great turn-key and fulfilling opportunity for anyone who wants to make a difference for children and their families. Easy to own and operate. with everything in place, waiting for the new owner to step in and take over!

Due to health issues the owners are looking for a quick sale and willing to hold $10,000 in Seller Financing. Inquire today!

 

Growth opportunities

Increase marketing to increase center enrollment. Expand services to include standardized test prep classes.

Owner's Day-to-Day Involvement

Due to health issues the owners are looking for a quick sale

Additional Info

Educational background helpful but not necessary. Franchise provides training and curriculum. High quality tutoring center serving all ages. Features one to one instruction not found in other centers. The purchaser will need to be approved by the Franchisor and Landlord. Excellent business model - low overhead.

Asset Description

All of the furniture, equipment, supplies, build out, inventory and branding is included.

Inventory Description

Inventory included.

Reason for Selling

Family health related issues.