Listing Number: 76931-190189
Description
This turnkey, fully operational franchise comes with an established client base and the support of a highly recognized educational brand. The tutoring center is renowned for its top-notch, individualized tutoring services, catering to students from kindergarten to grade 12.
Situated just ten miles northwest of downtown Houston in the affluent Houston Heights neighborhood, this center benefits from being in a high-income community with working professional parents and growing school districts. Over the past 2 years, the business has experienced consistent growth. The owner currently works 10 hours a week remotely.
Through the current owner's marketing efforts, the center's revenue has quickly grown. Continued growth is set with the right leadership and strategies in place.
The purchase price includes all essential assets needed for operation, including equipment, furniture, office supplies, technology, and learning materials. In addition, two pre-paid timed local marketing campaigns are included, which have already proven their effectiveness in attracting new business and raising local brand awareness. Classes are taught by contract tutors. a full-time coordinator runs day-to-day activities.
The current owner oversees the center remotely, presenting a unique opportunity for the new owner to take a hands-on approach and further optimize operations. Managing the center on-site opens the door to potential cost-cutting measures and even higher profitability.
Listing Details
- Price: $ 217,000
- Down Payment: $100,000
- Sellers Discretionary Earnings: $ 59,821
- Total Sales: $ 387,562
- Location: Harris County, Texas
- Inventory: $ 0
- FF&E: $ 15,000
- Employees: 9
- Year Established: 2021
- Reason for Selling: Relocating
- Category: Educational/School
