Listing ID: 76378
Growing new educational math learning business with a unique custom created program that is in a prime busy office park. This business provides a low student to tutor ratio of 2 to 1 to better assist K-12 students with current math homework help, while filling any gaps. This business has great growth potential and is poised to expand into new areas and markets. There is no known direct competition within 25-miles of this business, and it is ideally situated within walking distance of 10 or more schools. This business is independently owned, pays no franchise fees, has a replicable process and proprietary program, with the potential to become a franchise company.
Inquire for more details and learn how you can buy a business for as little as 10% down on qualified SBA listings or how to use creative financing options to get a deal done! At Transworld Business Advisors, we are the most active business brokerage in the country – listing and selling the most businesses in the state. Get added to our buyer list today to receive notifications as businesses with your criteria hit the market!
- Asking Price: $48,000
- Cash Flow: N/A
- Gross Revenue: $7,611
- EBITDA: N/A
- FF&E: $2,975
- Inventory: N/A
- Inventory Included: N/A
- Established: 2020
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:3
- Furniture, Fixtures and Equipment:N/A
600 Square Feet in an Office Park
Other Business interests
The venture was founded in 2020, making the business 2 years old.
Why is the Current Owner Selling The Business?
There are all kinds of reasons individuals resolve to sell operating businesses. However, the true factor vs the one they tell you may be 2 absolutely different things. For instance, they might claim "I have way too many other responsibilities" or "I am retiring". For numerous sellers, these factors are valid. However, for some, these may just be reasons to try to conceal the reality of altering demographics, increased competitors, recent reduction in profits, or a range of other factors. This is why it is really important that you not count completely on a seller's word, however instead, make use of the seller's answer combined with your total due diligence. This will paint an extra reasonable picture of the business's current situation.
Existing Debts and Future Obligations
If the existing business is in debt, which many companies are, then you will have reason to consider this when valuating/preparing your deal. Numerous businesses take out loans so as to cover things like supplies, payroll, accounts payable, so on and so forth. Keep in mind that sometimes this can indicate that earnings margins are too thin. Numerous businesses come under a revolving door of taking loans as a way to pay back other loans. Along with debts, there may likewise be future commitments to consider. There may be an outstanding lease on tools or the structure where the business resides. The business may have existing contracts with suppliers that should be fulfilled or might lead to penalties if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Just how do businesses in the area bring in brand-new consumers? Often times, companies have repeat clients, which develop the core of their day-to-day profits. Certain aspects such as brand-new competition growing up around the area, road construction, as well as personnel turnover can impact repeat consumers and adversely influence future revenues. One vital thing to think about is the area of the business. Is it in a highly trafficked shopping mall, or is it concealed from the highway? Certainly, the more individuals that see the business often, the higher the chance to build a returning consumer base. A last thought is the basic location demographics. Is the business situated in a densely populated city, or is it situated on the outskirts of town? How might the local median family earnings influence future revenue prospects?