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Premier Supplemental Education Center
Location: United States -> Illinois -> Lake County
Industry: Educational > Test Preparation




Business Summary

A premier supplemental education center in a very prominent retail area is offered for sale.

With 50,000 of seller financing, the required a down payment is only $50,000 which can be recovered in less than 10 months.
The area is very affluent. More than 25% of the household earn more than $200,000 a year. More than 75% of households earn more than $100,000 a year.
This established business, with the support of a leading franchisor, will generate cash flow on the first day. A well-trained staff will also make the transition very smooth. This business is especially suited for a hands-on 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.

Services offered include:

1. Tutoring,
2. Study Skills,
3. Homework support, and
4. College preparation.
The growth potential for this business is demonstrable by:

• Owner Participation,
• Active outbound marketing campaigns,
• Satellite centers throughout the territory,
• Capitalize on new, leading edge learning technologies the franchisor has recently introduced,
• Capitalize on the great demographics: Overall growth in population and high income of the5 miles radius territory.
• Capitalize on Great reputation in the local area,

The current owner/investor wishes to retire and pass the success on to the new owner through a smooth transition. You can be successful in operating this business without any previous experience.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $291,514
Cash Flow:   $73,602
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $168,000
Seller Financing:  Yes

About The Business

Year Established:  2009
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  Yes
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  As needed
Reason For Selling:  Retirement

Photos

View Larger Photo(s) Of Business
Premier Supplemental Education Center Photo 1 Premier Supplemental Education Center Photo 2




Print Listing Id: 700218169
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Related Searches: Day Care Centers  >  Schools  >  Seminars  >  Test Preparation  >  Other Educational  > 

Also See: Franchise Opportunities > Franchise Resales > Illinois Businesses For Sale > Illinois Franchises For Sale > Illinois Business Brokers



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