Tutoring Franchise for Sale With 6 Locations 001285
Price: $1,700,000
Location: Dallas County, Texas
Industry: Education & Children/Schools
Listing ID: 001285
Tutoring franchise for sale! Six franchise learning center locations throughout the Dallas-Fort Worth metroplex and Central Texas are available for acquisition. Established over 40 years ago, this highly regarded franchise specializes in providing after-school remedial and supplementary education to students from kindergarten to grade 12. Programs offered include foundational educational support, assistance with homework assignments, study skills development, and college prep courses such as SAT/ACT preparation. The current owners began acquiring these centers in 2018 and have since managed them with great success, resulting in continuous year-over-year growth that has surpassed the performance of the previous owners.
The demand for such services is high due to the increasing intensity of competition for college admissions. These particular franchise learning centers have been strategically placed in densely populated areas close to schools and neighborhoods where middle-upper-class working parents live who want their children to have access to additional educational support. Unlike some competitors, which often do not require their instructors to be certified teachers, these franchises employ dedicated, certified teachers who are able to identify gaps in knowledge they can help address using advanced techniques. Parents see these premium quality services provided by this business as a need rather than a want which easily places them ahead of most competitors in the current market.
This business presents an outstanding potential for growth as the learning center directors become more proficient in capturing more of the market share available. Lucrative partnerships with public and private schools could be established, which would significantly boost revenues. Moreover, if 3rd party proctoring services were also provided, this would generate additional revenue for the business. A strong marketing plan has been implemented with social media platforms, Google Ad campaigns, local schools, businesses, and local chambers of commerce, all playing an important role in promoting the services provided by these centers. Currently, all six locations are already staffed and ready
Down Payment: $340,000
Total Sales: $2,660,127
Cash Flow: $466,250
Inventory: $8,000 (Included in listed price)
FFE: $90,000 (Included in listed price)
Owner Financing: No
Franchise: Yes
Real Estate: No
Relocatable/Home-based: No
Reason For Sale:
Other opportunities.
Training & Support:
The owner will provide training for an agreed-upon period of time to ensure a smooth transition into the business.
Year Established: 1990
Employees: 14FT/52PT
Absentee Owner: Yes
Square Footage: N/A
Facilities Information:
The franchise businesses have been established in locations that are ideal for success, with many schools and affluent neighborhoods nearby. All of the facilities are well-maintained and operational, ensuring a high level of customer satisfaction. The strategic placement of these businesses provides a great opportunity to capitalize on the surrounding local market.
Competition:
There is competition, but there is also a high demand for quality services which is exactly what this learning center franchise provides. This business competes by utilizing certified teachers, smaller teacher-student ratios, advanced teaching techniques, and technology to offer these superior services. Furthermore, this business provides a broader scope of education than most competitors, with more subjects being offered, in addition to SAT/ACT prep. Competitors often target one or two subjects and have been known to employ uncertified teachers with no teaching background to lead large groups of students using the same worksheet exercises that fail to address critical learning gaps for each individual student.
Potential Growth:
This business can secure lucrative contracts by partnering with local educational institutions, both public and private. Corporate offers training on how to pursue such contracts. Additionally, by offering 3rd party proctoring services, this business can further expand its reach and open up new avenues of revenue.
Financing/Terms:
100% cash at closing or Up to 90% SBA Financing with as low as 10% cash down.
