Business Summary:
This Math Tutoring Franchise is ranked #7 in Entrepreneur magazine's Top New Franchises for 2008. The program is effective, affordable, and highly specialized. The students are in pre-K through 12th grade. There is a growing demand for this type of specialized training and tuition typically includes a one-time $100 registration and testing fee plus about $175 to $225 per month enrolled, for a 6-12 month commitment. Parents then bring their children to the center when convenient, typically twice a week, for about an hour.
Initial advertising, signs, furniture, fixtures, equipment, supplies, and members, are already established for this business. The typical startup costs for a franchise of this type is about $55,000 to $75,000, without established members. This replacement cost would be much more than the $40,000 asking price for this turn-key established business.
The typical hours of operation would allow the new owner to keep a regular day-time job and operate this business as a second income on a part-time basis. Although ideal for educators or professionals, the new owner does not need to teach. Current owner uses part-time college students and other instructors. However, any business operates better if you are "hands-on".
Please call Dana Drake at 661-600-8221 or email to ddrake@sunbeltnetwork.com to find out more about this fantastic opportunity. A Confidentiality Agreement and Buyer Disclosure Statement will need to be submitted before location or further financial information can be disclosed.
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