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For Sale: Math Tutoring Center - Non Franchise, Established - Santa Clara County


Current Status: Active     Posting #: 257713     Last Refreshed: 3/25/20    
Contact: Nanda Nandkishore At 408-852-4358  -  Also Email This Contact Below
Price:  $500,000     Down:  $250,000     Adjusted Net:  $238,000     Revenue:  $439,000    
Attributes:  Training & Support     Cooperation With Brokers?  Call

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  Description About This Posting: Math Tutoring Center - Non Franchise, Established
Highly Awarded, Money Making, Math Tutoring Center in South Bay Area

Total Purchase Price: $500,000 2019 Revenue: $439,000, 2019 SDE: $208,000 for a non-teaching owner. For a teaching owner, SDE would have been $238K.
Two Locations in South San Francisco Bay Area

This non-franchise, math tutoring/coaching center is well established, and its students have gone on to win numerous national awards in Math competitions. It is in a highly desirable area of Bay Area where education is highly valued and there is a lot of demand for their services.

There are two locations that are being sold together. In addition, buyer will have the opportunity to expand by opening additional locations.

This business has done well for the past five years and is poised for growth.

Sellers Discretionary Earnings is the amount of money a full-time working owner would have made if they purchased both locations without a loan and worked full-time in the business.

Only the city business license is required to operate this business. All required curriculum and teaching materials are included in the sale.

Business is using approximately 1,250 SF leased space at each location

It is expected that the business will qualify for an SBA loan with about $200K down payment

Confidentiality of this transaction is paramount. So, if you wish to pursue this opportunity, please complete the confidentiality agreement and Buyer Profile. Without receiving the completed forms no further information can be disclosed.

To get more information about this Math Tutoring Center - Non Franchise, Established business for sale in Santa Clara County please phone Nanda Nandkishore (Intermediary, Broker - BRE License #:01798489) at 408-852-4358 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #257713 on BizBen.com. In addition to phoning Nanda Nandkishore, make sure you email Nanda Nandkishore above to get more info about this Math Tutoring Center - Non Franchise, Established, to ask any questions or request an appointment to see this business for sale. Thank you.

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