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Managers and full staff at each location! This business has been serving the Omaha Metro for 20 years. Each location has two full-time directors and 10-15 part-time instructors with 45-60 students at each location. Part of a national franchise with locations across the globe, these three educational centers are the only ones in Eastern Nebraska and are dedicated to helping students succeed. Services include academic coaching (75%) college prep and homework support (20%) and STEM (5%).
The seller currently oversees operations and assists as needed. Requiring pre-payment or an auto payment plan in place, this center has over $40,000 in the pipeline. This business boasts an average sale size around $3,000 for core academic programs with approximately 45-60 students at each location. 2018 carried a 24% profit margin!
Growth opportunities include advancing test prep in private school systems, adding satellite locations, and getting more involved in the local communities. Offering a variety of educational services, this team of dedicated teachers provide students with the individualized education they need to unlock their potential in the classroom and beyond.
Offices, lobby, instruction rooms, storage room, etc. Location 1: 1,185 square feet; Location 2: 2,700 square feet; Location 3: 2,588 square feet
M-TH 9am-8pm; Fri 9am-4pm; Sat 8:30-1pm with shorter summer hours
Seller Training Period: 3 months
Purchase Price: $798,000
12% Buyer Down Payment: $95,760
13% Seller Financing: $103,740
75% Bank Loan: $598,500
A 12% down payment of $95,760 returns $139,491 in the first year after debt payments!
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