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Established Tutoring Franchise Near Richmond, Va For $160k For Sale

Chesterfield County, Virginia
Asking Price:
$149,500
Sales Revenue:
$221,633
Cash Flow:
$78,000

Come join the leader in supplemental education and explore the opportunity to invest in a sustainable, ongoing business. Sylvan Learning provides a range of services, both remedial (with tutoring for reading, writing, and mathematics) and enrichment (with coding, robotics, engineering, and science), serving students from ages 4.5 through their academic lifetime with the College Prep line. Inquire today to find out how you can become the educational resource in the Midlothian community.

Property information

Real Estate:

Lease

Location:

The learning center has a spacious waiting area, one main office, a large instructional area with 8 instructional tables, and two seminar/testing rooms with one instructional table in each. It also features a small store room/break room that holds center supplies.

Size in square feet:
1,980

Business Operation

Expansion Potential:

establishing new relationships with schools and PTAs due to increased local store marketing efforts. The franchisor allows for satellite locations, or operations outside of the brick and mortar center to better service the community and allow for business growth. Currently, the center is working to establish a satellite in the West End of Richmond at LeafSpring School starting in the fall of 2018.

Competition / Market:

While there are currently competitors in the territory including Mathnasium, Kumon, Tutor Doctor, Aloha Learning Center, Huntington Learning Center, Omega Learning Center and private tutors, Sylvan is unique in its product offerings, methodology, and results. The center attract families from as far away as Emporia, VA ( 1 hour 45 minute drive away) because of the quality of service delivered here. The center has a healthy amount of repeat business as well as a strong, capable staff, with over 12 years or more of experience!

Employees:
12 PT
Years established:
7/31/2019

Other Information

Support & training:

The current owner is willing to assist to ensure a successful transition of ownership. The franchisor provides a plethora of training and support ranging from a personal Franchise Business Consultant and an initial 4-day-intensive in-person training, as well as a multitude of additional trainings delivered online, via phone, and in person throughout your lifetime as a Sylvan franchisee.

Contact Information

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