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Listing ID: 100834

Supplimental Ed and Tutoring Company For Sale

Oneida, New York, United States

$ 425,000

Revenue: $ 700,000

Cash Flow: $ 212,000

Business Description

This location is in the top 4% of all the locations under the Nationally recognized brand name. Since 1998, this center has turned a profit and grown year over year. In a down economy, this center is a rare gem that is still growing and profits are up. It is very well known in the community and is respected by all the local area schools. 50% of revenue comes from Federally Mandated NCLB funds, which is guaranteed to students and paid to the center from the Government. Opportunity exists to even broaden the student base by selling in adjacent county, which currently has no education services facilities. All FFE and Inventory come with a sale. Act fast. Supplemental Education is a highly sought after business. For a confidentiality agreement please message us.

Property Details

Years Established:

1998

Property Type:

Lease

Other Details

Business Location:

5000sf - Located next to the only private and parochial school in the area as well as next to a large medical center, hospital and business park. Plenty of parking and great roadside visible signage. The center is a 10 min drive from all the suburban and city schools in the most dense and highest income area of Oneida County.

Competition:

Very limited competition in their marketplace. 2 others that can provide the same types of service but not at the level that this center provides. This center is very well known in the schools and thier namesake alone puts them ahead of their competition.

Expansion Potential:

Adjacent county has no supplimental education or tutoring business that has traction. This location has all rights to that county and can add to the revenue base very quickly. Additional opportunities exist to offer online and college prep services that the center currently do not engauge in.

Operation Details

Employees:

35

Miscellaneous

Reason For Selling:

Retirement

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