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*New Price* Established Learning/Tutoring Center

Lynchburg, Virginia (Lynchburg City County)

Services - Educational Services

Asking Price $40,000 Inventory  
Gross Income $142,328 Real Estate  
Cash Flow Not Disclosed Year Established 2005
FF&E N/A Employees 13

* included in the asking price

** not included in the asking price

Established, nationally franchised, supplemental education and tutoring center is now available for resale. Operating since 2005, this center already has a good staff and enrollment base in place. Ready for a new operator to step in and take it to the next level of success. Five-week initial training and ongoing support provided by franchisor. Protected territory. According to the franchisor the estimated cost to open up a new franchise with no revenue stream would cost between $203,000-$393,000. No educational background is required as the franchisor provides complete training, supplies and on-going support. The resources of the franchisor allow the centers to tailor programs to each individual and to offer strong, effective programs in a variety of disciplines. In addition, the franchisor provides operating manuals that explain every aspect of the system and how to effectively run the entire operation. The franchisor provides a state of the art computerized operating system that the center uses on a daily basis to manage their operations.

Facilities: The 2400 square foot facility in a strip mall was built out to the seller's specifications in June 2005. The facility and equipment are like new.

Competition: Very little competition. This is a leader in the learning center industry.

Growth/Expansion: This is a $6 Billion industry growing by 10-15% per year during the past 5 years. Business currently is offering K-12 tutoring and SAT testing. Additional revenues can be generated by promoting in-school tutoring through the No Child Left Behind program.

Financing: Owner may provide partial financing to a qualified buyer.

Support/Training: Sellers will provide two week training/transition in the sale price. Franchisor will provide additional 5 weeks of training at their facility.

Business listed by

Wayles Dandridge

540-777-1585


Sunbelt Business Brokers


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