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 MonthsTransition
Support
SomeSeller financing Available
Part-timeOwner
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.
