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Tutoring/ Education Centre - 20 Hrs Per Week - Profit $100k + P. AProperty ID 1693024Short Summary:
An opportunity exists to acquire a successful and established tutoring/ education center in South-West Sydney, NSW. Established 19 years and currently operated by the original owner.
Located in a convenient location with easy access to the M5. The unit consists of two good sized learning rooms. Premises owned by the current business owner.
An excellent opportunity to expand the business beyond the current 2.5 days per week. The current owner devotes approx. 20 hrs per week to the business. Alternatively, maintain current hours and combine a great income and lifestyle balance.
The current owner works in the business and is supported by 10 highly experienced and long-standing casual educators.
The premises are owned by the business owner and a new lease will be offered to the purchaser at market rates.
Trading 2.5 days a week
Mondays and Thursdays: 3:30 pm 7:30 pm
Saturday: 9:30am 11:30am
About the business:
The premises is currently owned by the business owner, who is happy to negotiate a lease with the purchaser at current market rates.
After 18 years enjoying the satisfaction of educating children, the current owner is looking to move onto a new stage in their life whilst handing over an established business primed with potential and a bright future.
Established in 1998 and run by the current owner since inception who enjoys a great work life balance spending approx. 20 hours per week on the business. The current turnover is approximately $350,000 per annum with an adjusted EBITDA in excess of $100,000 per annum. This business offers an excellent opportunity.
As part of an internationally recognised education group, all systems are established and proven, allowing the purchaser to walk in and begin trading without any need to spend a lot of money on new equipment or premises. The classrooms are fully fitted and as a franchise, all systems and materials are provided.
With a great team of casual experienced staff, the owner has created a calm conducive environment for educating children. This is an ideal business suited to anyone with teaching or tutoring experience or those who have enjoyed a corporate career and are looking for a slower pace, whilst remaining challenged and achieving satisfaction owning a socially sustainable business.
Some great facts about the business:
- Part of an internationally recognized education group
- All Systems & Materials are provided
- Experienced & reliable team in place
- Ideally located with easy access to the M5
- Owner spending only 20 hours p/week in the business
- Fully equipped (no cap-ex required)
Included in the sale is an extensive list of intellectual property & assets that provides everything needed to walk in and begin trading with no interruption to business. A full list is available post enquiry.
Asking Price: $230,000.
This opportunity won't last long, for all enquiries, please contact Chris King:
Ray White Business Sales | Business Sales Specialist
M: 0403 536 246 E: email@example.com
Due to the confidential nature of the sale, images used are stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owners salaries, directors benefits, personal expenses, non-recurring expenses, one off expenses, capital costs, depreciation and generally any costs relevant to the current owners.