Award Winning Tutoring Business For Sale

Business description

This business provides supplemental education to children in grades K-12. They are dedicated to provide each student with his or her own personalized program to meet their individual needs. They have a better teaching model than other competitive learning centers and a superior computerized method for diagnostics and tracking progress.
The current owners are a couple who are devoted to their work and are firm believers in the use of tutoring as an integral part of the education system. They see the potential of all their students and have adopted the newest technology in computer software to keep the operation far above the competition.

Property information

Premises details:

The business occupies a residential/commercial building. The gross monthly rent is $2,400 per month, 28,800 per year. The tenant is responsible for utilities. The current lease commenced on 01/08/2007and will terminate on 31/07/2012; there is a 5-year option to renew. Annual escalation in year 4 and year 5 of $100 per month.

Size in square feet:

1,360

Other information

Expansion potential:

Implementing a 2nd location or a satellite location.

Competition / Market:

Their only competition is within a 1 km radius.

Support & training:

This business will provide a comprehensive training for 2 people. Additional training/consulting is available from the Seller, if required, for an additional fee.

Reasons for selling:

Spend more time with family.

Trading hours:

The business operates Monday through Thursday, from 1:00 pm to 7:30 pm. Saturday from 9:00 am to 1:00 pm. Closed on holidays.

Furniture / Fixtures value:

$45,000 (included in the asking price)