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Buy NO. 1 TUTORING COMPANY

Education/Training - Educational Businesses for Sale in Bella Vista, NSW, Australia

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Title: NO. 1 TUTORING COMPANY
ID Number: 12970
State: New South Wales (NSW)
City/Town/Suburb:BELLA VISTA NEW SOUTH WALES 2153
Listing Type: Businesses
Categories: Education/Training - Educational, Franchise, Education/Training - Educational
Description: Tutoring specialist (Pre-School to Year 12)

Launched in October 2017 in its current premises, with a 220 sqm floor space, 8 class rooms, own toilets, Reception area and Tea room and potential for additional rooms to be added. Plenty of parking spaces.

Conveniently located, 1 minute away from a train station and shopping center.
Area is well established with so many young families and lucrative market for tutoring for both primary school and high school as it is near areas of top schools. New school very near the centre opened this year.

To date, we have helped over 650 students.

Minimal time required - Open on Thursday (4-8pm), Friday (4-8pm), Saturday (9am-5pm) and Sunday (9am-12:30pm). Additional days can be opened for more income.

Positive cashflow from Day1. 2018 gross revenue of approximately $340k and forecast for 2019 of $420k plus, forecast for 2020 of $520k

Current Lease term: 3 years remaining in lease and free electricity, water and building maintenance and repairs

Included in the sale are the following:

·The business and associated intellectual property including teaching resources, teacher database, operational resources, existing student base and customer lists.

·The lease to the current premises and all furniture and fit outs including equipment such as TV, printers and laptops.

·Our online presence including website, Facebook page and YouTube channel.

Opportunity for you as the Buyer

Existing Student Base - For any new business in the tutoring industry, getting paying students is the most difficult task which can make or break a business. We have a strong reputation in the local area which is spread by word of mouth, and brings a constant stream of new students each term.

Plug and Play - Our current premises is very well located within 1 minute walk from the train station. The fit out and equipment is brand new and of very high quality. The heavy investment required and the time consuming task of finding a location, renovating and installing the fitout is done already. The business will generate positive cashflow and profit on day 1.

Synergy - Great support from our Head Office

Positioned for Rapid Growth - Our reputation amongst the local students and parents has been well developed over the last few years and is about reach a tipping point where the right leadership and marketing initiatives can lead to more substantial growth in the coming years.
Price: $ 370,000.00 to $ 395,000.00
Stock Value: Upon application
Net Profit: Upon application
Turnover: Upon application

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