Listing Number: 76931-194038
Description
National Franchised Math Learning with established management team and customers. Customers are treated with the utmost respect and will receive nothing less than first-class service. Staff members do their best to ensure engagement with clients exceeds their expectations. Business offers students tutoring focused on Math to assist with current classes or passing standardized tests. This business has recurring revenues monthly. Revenues for 2022 (March-Dec) $101k, estimated total 2022 revenue is $129k. Currently there is a director plus 4 PT instructors operating the center. Monthly rent is approximately $4,500 (NNN) for 1,300 square feet. Bring your energy to expand this business, take advantage of this opportunity. Sales include FF&E, Leasehold Improvements and Franchise Fee. The Franchise Transfer Fee is $6,000. Initial start-up costs for this type of franchise range from $113,000 to $149,000 including $49,000 franchise fee. This priced as a new start-up but includes existing customer base, ongoing revenue, and staff. This is a great deal.
Profitability would have been significantly higher if the current owner had operated summer math camp programs.
Listing Details
- Price: $ 130,000
- Down Payment: $100,000
- Sellers Discretionary Earnings: $ 0
- Total Sales: $ 129,000
- Location: Fort Bend County, Texas
- Inventory: $ 0
- FF&E: $ 15,000
- Employees: 5
- Reason for Selling: Personal Reasons
- Category: Educational/School
