SOLD!!!Profitable Learning Center-Northwest Suburbs
(Education)
Dupage, IL
Listed Price: $ 139,000
Listing ID: 14009

Listing DetailsGross Revenue: $ 192,000
Cash Flow: $ 59,220
FFE: $ 7,700 (Included in Price)
Inventory: $ 2,000 (Included in Price)
Form of Ownership: S Corp
Reason for Sale:

Wants to spend more time with family


Training & Support:
1 week with Franchisor, 2 weeks with owner on site.

OperationsYear Established: 2013
Days & Hours of Operation: M, T 4-7 Sat 10-1
Employees: 5 PT
Absentee Owner: No
LocationLease Expire: 0000-00-00
Monthly Rent: $ 2,548
Square Footage: 1783
Type of Location: Strip Mall
Facilities:
1783  SQ FT strip center location. Very visible and great parking.

SummaryBusiness Description:
Extremely Popular and Profitable After-School Math & English Learning center in Chicago’s Western suburb, an absolute leader in market segment.

Opened  in 2009, this business has successfully grown and established a quality reputation on the community.  The franchise provides very good support and current materials.  This center currently has over 180 subjects enrolled.

The center clients are education-focused, affluent, young, and growing families with disposable income. The Center maintains a highly inspirational and creative play and learn environment and as result has large loyal following of established clients and high enrollment.

A well-trained staff will make the transition very smooth. This business is suited for a hands-on or a hands-off entrepreneur with ambition to earn handsome rewards while making a difference and/or an educator who wants to build a more secure future, both professionally and financially. The industry is growing and poised for more growth. The growth is driven by population growth since, and according to the US Department of Education, the US educated 55.9 million students in private and public schools in 2010. A more important driver for growth in this industry is the increasing number of concerned parents seeking tutoring for their children and this business is perfectly suited to meet ever rising demand for a high quality educational children’s business.

This is a rare opportunity to capture terrific location with very high visibility on busy roads. Leases are long term with low rent.

Services offered include:

1. Tutoring - Math & English
2. Study Skills
3. Test Prep-ACT, SAT, other

Historical Summary:

SBA Financing available for quallified buyer.


Potential Growth:

Adding more hours/days could enhance revenues.