Tutoring Service - $109,000

Business Summary:
This innovative tutoring service provides individually customized educational curriculum that has been created through over 40 years of classroom experience and research. The bright facility has recently undergone a marketing/branding update. The experienced tutors (12-13 part time) currently serve 70-85 enrollees, with fees averaging $275 each, per month. Each student is assessed and an individualized learning plan is created. Remote tutoring, necessitated by the virus pandemic, has been fully implemented (approximately 20% participation and growing) and allows increase flexibility in scheduling, both for the students and the staff. The asking price of $109,000, compares favorably against a ground-up, start-up which could cost upwards of $150,000. The seller estimates it took nearly 24 months from start-up to reach optimum profitability. Assets included are valued at $10,000. For an owner/operator, serving as center director, the discretionary earnings can increase to $60,000. The seller will show a buyer ways to decrease some costs he has incurred due to his unique situation. The seller will provide full support and training for a smooth transition, before moving on to pursue other business ventures. Contact: Dennis Huffine, VP/Sr. Business Broker, 402-350-6494, [email protected]