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Listed by:

The Firm

Three Learning Centers Tutoring And Test Prep Focused For Sale

Nebraska
Asking Price:
$830,000 (USD) Furniture / Fixtures included
Sales Revenue:
$1,054,466 (USD)
Cash Flow:
$257,365 (USD)

Dedicated to helping students succeed! 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%).

Each location is fully staffed with center directors and team of instructors. 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.

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.

Financial Overview
List Price: $830,000
Gross Sales
2018: $1,054,466
Owner Profit/Cash Flow
2018: $257,365
Profit Margin: 24% in 2018
Multiple: 3.25

Valuation: 2018 Cash Flow x Multiple = Valuation
$257,365 x 3.25 = $836,436

Assets Included in Purchase*: $54,480
Equipment: $54,480 Computers, Furniture & Fixtures
Intangible Assets: Positive reputation and proven success record
Pipeline: $40,000 *amounts may vary

Property information

Real Estate:

Lease

Location:

Location: Eastern Nebraska
Service Area: Omaha Metro, Council Bluffs & Lincoln

Premises Details:

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

Business Operation

Expansion Potential:

Advancing test prep in private schools, adding satellite locations, and getting involved in the local communities

Reasons for selling:

New Ventures

Trading hours:

M-TH 9am-8pm; Fri 9am-4pm; Sat 8:30-1pm with shorter summer hours

Employees:
40: Each location has 2 FT Directors and 10-15 PT Instructors
Years established:
20

Other Information

Support & training:

30-60 days

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Funding Example
Purchase Price: $830,000
12.5% Buyer Down Payment: $103,750
12.5% Seller Financing: $103,750
75% Bank Loan: $622,500

A 12.5% down payment of $103,750 returns $135,704 in the first year after debt payments!

Furniture / Fixtures value:
$54,480 (USD) - included in the asking price
Related Documents:

Contact Information

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