Premier Supplemental Education Center

Listing ID: 700218169

Listing Title: Premier Supplemental Education Center

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Industry: Educational

Industry Segment: Test Preparation

Country: United States

State / Province: Illinois


City: Lake County

Asking Price Range: < $250K

Gross Revenues: $291,514

Cash Flow: $73,602

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2009

Number of Employees: 10 - 19

Business Description:
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.

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