English Academy For Sale

Business description

This academy, with great facilities and ground level location, offers primarily English classes to kids willing to learn a second language. It also offers what is called in Spain, “Refuerzo Escolar”, which is basically extra help sessions for school topics such as math, language, etc to help improve performance.
It is ideal for an English professor who wants to become independent and start his/her own business or for any person with an entrepreneurial spirit who likes kids and teaching.

Property information

Real Estate:

Lease

Lease terms:

€ 1400 per year and a 10 year contract.

Location:

Very good location at ground level in a medium class city area , close to several schools in a highly populated sector.

Other information

Expansion potential:

High. There is a desperate need for services directed to children due to the high rate birth. Additionally, there is a lack of english knowledge in the general population.

Competition / Market:

The Spanish market is recuperating from some issues it faced on prior years related to English Academy franchises. Students are going back to academies and the sector is regaining confidence rapidly. Specifically, this academy faces low competition in the area and basically other offerings are small and old centers.

Support & training:

Support and trainning will be offered by owner.

Reasons for selling:

The owner has beed hired by a multinational group and has no time to take care of business

Financing available:

Possible.

Furniture / Fixtures value:

€60,000 (included in the asking price)

Inventory / Stock value:

€5,000 (included in the asking price)