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Tutoring and Learning Center

Boise, Idaho (Ada County)

Services - Educational Services | Services - Other Miscellaneous services

Asking Price $400,000 Inventory  
Gross Income $561,570 Real Estate  
Cash Flow $148,157 Year Established 2004
FF&E $210,000* Employees 18

* included in the asking price

** not included in the asking price

This franchised tutoring center offers individualized education services for students from kindergarten through twelfth grade. Certified teachers tutor the students and software provides management for all student academics and accounting, freeing the owner to market and grow the business. The center offers individualized instructors with tutors in programs for reading, math, writing, vocabulary, study skills, phonics, comprehension, and ACT/SAT/PSAT preparation. The franchisor is national, with over 400 locations in 41 states, providing curriculum, strong training and support for owner. The Wall Street Journal's Center for Entrepreneurs called this a "Top 25 Performing Franchise . Franchisees come from all walks of life, including sales, marketing, finance, real estate, administration, military, engineering, and education. The common theme among its diverse network of franchisees is an entrepreneurial spirit, the desire to be successful, and the need to have a business one can feel good about. This location is operated passively and generates $100,000 net income after management. Management expenses can be eliminated for a $150,000 a year business for an owner/operator.

Facilities: 2,500 square foot retail lease with 2 years remaining plus 5-year option to renew. Current rent is approximately $3,200 per month.

Competition: This is one of a dozen learning centers in the Treasure Valley. This one has national recognition and marketing behind it. Every 12 minutes a parent calls this franchisor or one of its franchisees to get the attention and results they can t get anywhere else. Its success lies in the one-to-one attention it devotes to every student and the expertise of its caring, certified tutors.

Growth/Expansion: The concept sells itself. It s a matter of getting the word out that this franchise is near-by and accessible. School visits; direct mail, and targeted advertising have all produced a growth in clients.

Support/Training: The franchisor offers a five-week training program. A separate Fast Start Program helps new franchisees accelerate start-up and gets them on the fast track to success. Ongoing training and support is available in center operations, marketing, education and systems. Optional services include sales coaching and call center assistance.

Reason Selling: Divestiture of business, owner out of town.

AD # 396532

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