Franchise Learning Center - Entire Morris County
New Jersey
Asking Price: |
Gross: |
Cash Flow: |
$380,000 |
$441,012 |
$115,945 |
Furniture and Fixtures Value:
$30,000 (included in the asking price)
Inventory Value:
$4,000 (included in the asking price)
Business Summary:
This is a great opportunity to own the premier Learning Center Franchise, the largest provider of in-center tutoring, and control the franchising rights for all of Morris County. Price includes two locations, both located close to major highways in upscale office buildings and a convenient drive from surrounding upper income communities. Both are well established and have been successfully operated for five and eight years respectively. Protected expansion to additional locations provides tremendous growth potential in the future. . Each center is staffed with state certified public school teachers from the area, many with Master Degrees. Staff is flexed between both locations as needed. Maximum capacity per location is 18 students per hour with a current average weekly enrollment of 45 to 52 students. Seller will provide support up to three months. There is no franchise transfer fee at closing. Seller is also willing to sell each location separately and can provide individual financials. Business is offered at $380,000 with a down purchase of $255,000 and the seller will finance the $125,000 balance for qualified buyers with terms negotiable. For further information, call broker Paul Holveck at 908-851-9040 x277.
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Number of Employees:
2FT/10PT |
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Owner
willing to finance:
Seller financing available for qualified Buyers; terms negotiable |
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Owner
willing to train:
Seller will provide up to three months training to assist in the transition |
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Reason for selling:
Pursue other interests |
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REQUEST MORE INFO |
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