Price Improvement! Mathnasium Franchise (League City)

TRANSWORLD BUSINESS ADVISORS OF HOUSTON. LISTING REF #76931-839240

National Franchised Math Tutoring Service with established management team and customers. Customers are seeking help for their children to improve their math grades and capabilities. Staff members do their best to ensure engagement with clients exceeds their expectations. Business offers students tutoring focused on Math to assist with current classes or passing standardized tests. This business has recurring monthly revenues. Revenues for 2022 were $98K, Seller Discretionary Earnings (SDE) is $22,500 if under new owner. Currently, the owner is the Director, but they have a center supervisor plus 3 PT instructors operating the business. Monthly rent is approximately $2,700 (NNN) for 1,098 square feet. Bring your energy to expand this business, take advantage of this opportunity. Sales include FF&E, Leasehold Improvements and Franchise Fee. The Franchise Transfer Fee is $7,000. Initial start-up costs for this type of franchise range from $113,000 to $149,000 including $49,000 franchise fee. This priced as a new start-up but includes existing customer base, ongoing revenue, and staff. This is a great deal!

Profitability would have been significantly higher if the current owner had operated summer math camp programs and built relationships with the local schools. The Seller has been dealing with family health issues that have prevented full time attention on growing the business.