Business Summary:
A great opportunity to own and operate a franchise of Sylvan Learning Centers, the dominant provider of supplemental educational services to families, schools and industry for pre-k children through adult. Established in 2002, this Sylvan Learning Center opportunity has two locations within a Southeast Michigan county, an area with a stable and growing population.
Tutoring is available for math, algebra and advanced math, reading, writing, study skills, homework help, and ACT test preparation. This franchise has no like kind competitors in the area. Services provided by Sylvan are paid up front in almost all cases, which make it a very cash flow friendly operation for the owner. Sylvan is now entering the in-home tutoring market, which will provide a great opportunity for revenue growth in the coming years. A new owner with a background in sales, marketing, management, and/or education could improve sales quickly, in part by aggressively marketing this new opportunity.
According to the owner, recent cost reduction efforts are proving effective and the cash flow projection for 2009 looks promising.
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