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SW Sydney Tutoring / Education Centre - 30 hrs PW

Education Coaching And Training , Micro Businesses And Asset Sales , Franchise Sales, Education Coaching And Training, Sales below $1m

Sydney, NSW 746 Views

Asking Price $249,000 for 100 %

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SALE OR INVESTMENT DETAILS

  • $0 Stock at Cost
  • $425,175 Gross Sales per annum
  • $0 Assets Included in Sale
  • $140,921 Profit (Normalised EBITDA)
  • Yes Finance Available (subject to approval)

Highlights

  • SW Sydney Tutoring / Education Centre - 30 hrs PW
  • A brand with a good reputation
  • Part of an internationally recognised education group
  • Experienced & reliable team in place

Executive Summary

An opportunity exists to acquire a successful and established tutoring / education franchise centre in South-West Sydney. Established 20 years and currently operated by the original owner.


Location Details

This is a business with an excellent South West Sydney location,  set amongst large chains and other local businesses with high foot traffic and excellent visibility due to its ample street frontage and window signage.


Potential

An excellent opportunity to expand the business beyond the current 4 days per week. The current owner devotes approx. 30 hours per week to the business. 

Alternatively, you can maintain current hours and combine a great income and lifestyle balance. 

Revenue has grown continually over time and shows no sign of slowing at present.

FY2017: $350k+

FY2018: $425k+

FY2019: $575k+* (annualised from July-Dec figures)


Skills

The team has created a calm conducive environment for educating children. This is an ideal business suited to anyone with teaching or tutoring experience or those who have enjoyed a corporate career and are looking for a slower pace, whilst remaining challenged and achieving satisfaction owning a socially sustainable business. 


Employees

The centre is run by the owner, with the assistance of 20, experienced and long-standing, casual staff who are utilised when required across the various days & can run the business in all areas. The key subjects taught are English and Maths.


Hours

4 days per week

Mondays & Thursdays: 3:30 pm - 7:30 pm

Tuesdays 5:30 - 7:30pm

Saturday: 9:00 am - 12:00 pm

About the Business

Lease

Lease expiry 2021

Additional 1x3-year option


About the Business

The business began in the 1950’s in Japan and now has centres in over 50 countries around the world. The program centres around self-learning and students work from specially-developed worksheets that enable them to work independently at their own pace, building confidence and self-esteem at the same time as improving their educational skill level.

As part of an internationally recognized education group, all systems are established and proven, allowing the purchaser to walk in and begin trading without any need to spend a lot of money on new equipment or premises. The classrooms are fully fitted and as a franchise, all systems and materials are provided.


Key facts about this business:

- 3-4 months waiting list for parents wanting to list their children in this centre

- A brand with a good reputation

- Part of an internationally recognised education group

- All systems & materials are provided

- Experienced & reliable team in place

- Ideally located with easy access to the M5

- Owner spending only 30 hours per week in the business

- Fully equipped (no cap-ex required)


An extensive list of intellectual property & assets is included in the sale. A full list is available post enquiry.


For more information on this opportunity, please contact the undersigned:


Kane Hansen

Business Sales Specialist

Mentored Business Sales, Corporate Business Sales & Acquisitions

M: 0421 362 488 T: 1800 858 696 E: khansen@mentored.com.au


Disclaimer: 

Due to the confidential nature of the sale, images used may be stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owner's salaries, directors benefits, personal expenses, non-recurring expenses, one-off expenses, capital costs, depreciation and generally any costs relevant to the current owners.

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