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Mathematics and English Tutoring Franchise
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Location: |
Central New Jersey |
Date Opened: |
September 2006 |
Under Present Owner: |
Since Inception |
Number of Employees: |
6 Part-Time
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Rent: |
$3,500.00/mos. |
Annualized Gross Revenue: |
$150,000.00 |
FF&E: |
$43,000.00 |
Inventory: |
$27,500.00 |
Net Cash Flow: |
Positive
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Other Assets: |
$62,700.00 |
Asking Price: |
$200,000.00 |
Reason for Sale: |
Developer owned unitbelongingto international franchise chain |
Summary Description:Unique opportunity to purchase this Franchised Tutoring Center presently operated by the Franchise Developer. This is a company owned, brand new tutoring center that opened in September 2006 as the model store for the New Jersey market. The business is already showing very strong growth and a solid revenue history. The Franchisor is presently developing additional “Centers” throughout New Jersey.
The business provides tutoring in Mathematics, English, Chemistry, and Physics to students from Kindergarten through Grade 12. The organization has nearly 60 tutoring centers throughout North America. The Business uses a 14 year proven franchise operating formula and a turnkey tutoring system. The audio visual products used have been developed over 25 years and are constantly being updated.
The business does not require teaching experience but good customer service skills are an asset. The Seller will provide training and support for sixty days and the Franchise Company will provide ongoing support. The training and support services are excellent.
The Wall Street Journal rated the “Child Learning” category of Franchising as the #1 rated franchise category with a projected growth rate of 14%. |
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