Asking price: £37,500

Sales revenue: < £200k

Net profit: < £100k

Fixtures value: £10,000

Stock value: Undisclosed

Franchise terms
Highly supportive franchisor and favourable terms for the purchaser.

Business description
A fantastic business opportunity for a qualified and motivated teacher. All the hard work's done. 3 years of trading and the business is growing strongly with an excellent reputation in the area delivering high quality maths and English tuition after school. Many long-term and loyal clients.

Years established: 3

Employees: requres 2 full time plus additional part time support

Trading hours: After school and Saturday mornings

Relocatable: This business can be relocated.

Property: Leasehold

Lease terms
The lease will be renewed early in 2009. There is a flexible and helpful landlord. No rent increase applicable and the buyer will be able to secure whatever new term is preferred.

Location
The business is in an ideal situation amongst other commercial businesses with a major bus route at the door. There are uncluttered roads in the area enabling easy access for parents. Two major supermarkets are within 10 minutes drive, useful for parents to visit while their children receive a lesson.

Expansion potential
There is a significant opportunity to work with the franchisor to substantially enhance this business further. A whole swathe of territory that is within the business area is as yet largely untouched. This opportunity is therefore ideal for a truly entrepreneurial teacher who wants to make a mark in the area.

Competition / Market
Demand continues to grow as the business becomes better known in its 3rd year. The owners have worked tirelessly to enhance the reputation of the business amongst parents who regard it as an important asset in the area; there are many written testimonials to the fact. No known threats exist to the business. Commercial tuition centres are found beyond the business's territory and have been there since inception.

Support & training
A generous handover will be arranged to ensure the buyer gets off to a flying start and maximises the opportunity.

Reasons for selling
The owners are moving up within the franchise and hence will be highly motivated to ensure the buyers do very well indeed.

Financing available
Some vendor finance may be possible, subject to status.