Provider of tutoring and test prep programs

Mecklenburg County, NC

Seller Financing Available

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Asking Price:$145,000
Inventory:$45,000
FF&E:$40,000
Gross Revenue:$453,975
Rent:$4,480
Established Year:2020
BUSINESS DESCRIPTION

Great location and demographics!

Successful Operating Franchise for sale - one of the most recognizable brand in the educational/tutoring space giving the advantage of instant recognition and credibility within the community. Well established, in a great location, with an experienced full-time director. The missing ingredient is a new owner who will go out and market the brand in the community. This is an opportunity to buy a turn key top franchise that has an excellent location, exceptional up-fit, with an outstanding reputation and customer base for less than the cost of buying an undeveloped territory. The center's reputation for excellence in tutoring and test prep, combined with its strong curriculum, innovative technology, and experienced staff ensures sustained business growth for the right
Person. The industry is showing an increasing demand for supplementary education due to a gap in traditional education. This along with top-tier operational training and marketing support by the franchisor positions the buyer for long-term success. For more information contact Scott Curtis – First Choice Business Brokers – Charlotte. Scott@FCBB.com 704-649-8068


DETAILED INFORMATION
Location
Mecklenburg County, NC
Inventory
Included in asking price
Real Estate
Leased
Building SF
3,040
Employees
18
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This is a leased location of 3,040 square feet with a Total monthly rent of $4,479. Lease ends 09/25 with one option. Seller is active with 2FT and 16PT employees. Hours of operation are 10am - 8PM ; 9am - 1PM Monday - Thursday ; Saturday. $45,000 in inventory and $40,000 in FF&E included in the asking price. Leasehold improvements included in FF&E. Other Assets include location and visibility.
Competition
High end demographics location. #1 Franchise in this space.
Support & Training
Two weeks
Reason for Selling
Seller lives and owns multiple businesses in Tennessee - he purchased this to tu
Franchise
This business is an established franchise
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Scott
Curtis
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Scott Curtis