Brief History: After purchasing this under performing location from the Franchisor in June 2017, the sellers have worked diligently to turn the business around, 2018 financials are a testament to it. The location was making a loss in the year 2016 & 2017, however, the business turned positive in 2018 and continues to grow.
Reason for sale: The seller has a second location of the same franchise; however, they have decided to sell the Poway location. The reason for the sale of this location is because, both husband and wife work full-time, and they did not realize the stress and impact this additional business would have on their lives.
Absentee Run Operation: The business is run absentee with a help of a manager, the owners believe that an owner operator would not need a manager and there is potential to grow the business with the owner's involvement.
Location: The current location for the business is significantly larger than needed, the buyer can relocate the business into a smaller facility starting Jan 2020, saving additionally on expenses.
About the Franchise: The franchise helps your child on their way to success regardless of their skill level. Whether the student needs help with the fundamentals, math, reading, writing, or even SAT & ACT Prep, their tutors will get them pointed in the right direction with all the guidance that they need.
Kindergarten - 1st Grade
2nd Grade - 5th Grade
6th Grade - 8th Grade
Subjects: Mathematics, Reading, Writing, Fundamentals, Test & College Prep ACT/SAT, School Support including all AP/Honors subjects - AP Calc, AP Statistics, AP Environmental Science, AP European/US History, AP English Literature, AP Bio, AP Chem, AP Physics, AP Spanish, Algebra, Geometry, Study Skills etc. We also provide Standardized Assessment test prep such as ERB/ISEE/CTP and GATE testing for Gifted and talented students.
Price: $50,000 (Including Inventory. Plus, Franchisor Transfer Fees)