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Educational business for sale in Sydney

  • Educational
  • Sydney NSW 2000
  • $249,000

South West Sydney Tutoring / Education Centre - 30 hrs PW - Profit $150k+ PA

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

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 recognized 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

For more details go to www.mentored.business and complete our online confidentiality agreement. Use the reference ID 2238473 to search for the business.

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.

Business Highlights

Business ID2013697401
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Category
Last updated  27 Mar 2019
Map for Sydney NSW 2000
Mentored Business Sales
11/1 Chifley Square Sydney NSW 2000

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