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Educational business for sale in Sydney

  • Educational
  • Sydney NSW 2000
  • $130,000 (GST na)

Tutoring Business: Kip McGrath Education Centres Franchise Southern Sydney, NSW

BUSINESS ID XB158226 - K-12 ENGLISH AND MATHS TUTORING - FULLY STAFFED HUGE OFFICE

This opportunity is perfect for a qualified teacher seeking a lifestyle change with a steady income and rewarding work. Well-established in the area with little competition, this Kip McGrath Franchise is fully staffed, furnished and resourced for a smooth handover.

Boasting an enormous office space with high ceilings in a busy location, this investment offers endless potential. An increase in turnover is forecast for the coming year and there is the option of opening another centre nearby.

BUSINESS HIGHLIGHTS:

-The Kip McGrath franchisee network is comprised only of qualified teachers (primary or secondary), but a current NESA number is not needed

-The single owner since 2018 has had an excellent work-life balance working approximately 15 hours per week from home and in centre

-Business is fully established and staffed with wonderful tutors who are long-term and enthusiastic

-Long standing reputation in community and good relationships with local schools

-Currently in the first year of a 3 x 3 lease, providing plenty of security (with an incredible landlord and property manager)

-Turnover: Approx $20K pm, owner profits $100K pa (set to increase in this year)

-Premises: Approx. 191sqm with 4 internal offices, an open workspace, kitchenette and two private toilets on office level

-Located in an excellent retail/commercial complex with gyms, children's dance school and swim academy nearby

-Lots of young families and in close proximity to all local schools

-Approx. 18,000 students in the territory - No major competition

-NBN recently installed

-Assets include 14 laptops, 12 desktops, 1 printer/copier/scanner, bookshelves, student desks and chairs, private office and desktop for manager, beanbags, and two large whiteboards

-Head Office provides sales and marketing resources, including national TV and radio ads, social media campaigns and your own BDM to support growth

-Successful buyer must complete head office training in Newcastle (included in price) where they will meet other franchisees, learn the system and gain confidence to begin operating

PRICE: $130,000

Property Code: 3862

Business Highlights

Business ID2019135668
Floor AreaAsk Business Broker
Category
Last updated  29 Apr 2024
Map for Sydney NSW 2000
Map for Sydney NSW 2000Sydney NSW 2000

Business Highlights

Business ID2019135668
Floor AreaAsk Business Broker
Category
Last updated  29 Apr 2024

Listed by

Coast to Coast  Business  Sales
Coast to Coast Business Sales
Xcllusive Business Sale Balmain
Call
1300793792

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