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Listed by:

Transworld Business Advisors of LaGrande

Profitable Franchise Learning Center In Far North Suburbs For Sale

Lake County, Illinois, US
Asking Price:
$300,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$456,000
Cash Flow:
$111,375

The business comes with 10+ years of history that is profitable with a lot of opportunity to still grow. Their strong name within the educational tutoring and exam prep space is support by a thriving and very active co-op advertising group among the Chicagoland franchisees. Public funds make up over 10% of the center's revenue from the schools within the trade area of this location. The business continues to hold its value with a name that is at the top of the field. The current owner only works 30 hours a week and is willing to stay on part-time as part of the transition. There are strong employees that have been with the business for awhile. Be it center group learning, exam prep, subject tutoring, or school related programs tied to government funds, there are many diversified revenue streams for this business. Call today to learn more about this well priced deal. The current cost just to open a new franchise for this brand without any students or staff is between $150k and $275k. This business comes with 14 years of history and a good staff! Inquire within for more information. MOTIVATED SELLER!

Property Information

Real Estate:

Lease

Lease Terms:

Monthly Rent: $3,100.00

Square Units (Foot, Meter): 2,400

Lease Expiration Date: December 31, 2023, 12:00:00 AM

Business Operation

Expansion Potential:

Seemingly limitless if promoted properly while also going after more potential business with nearby schools, public funding, and usage of the franchise marketing systems that are only partially in place currently.

Reasons for selling:

Moving on to other, current business ventures

Trading hours:

M-TH 10am-8pm, Sat 9am-1pm, Sun 12pm-4pm

Employees:
24
Years established:
2008

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

Training Support Included

Furniture / Fixtures value:
$20,000 - included in the asking price
Inventory / Stock value:
$20,000 - included in the asking price