SBX Business Brokers Phone : 02 9439 ****

Education - College - Teaching - Well known franchise

Listing Id : 255311

Location : New South Wales - Bankstown

Category : Educational

Asking Price : 75,000

Business description

Education - College - Teaching - South West Sydney - Agent SBX Code Number: SFG10**** **** A Education, teaching and tutoring college catering for school age children from kindergarten through to year 12 and specialising in English, spelling, reading, comprehension and maths. - Currently billing about 25 to 30 sessions a week but the centre has the capacity of up to 250 students and has previously had in excess of 200 students enrolled. - This is a very well regarded franchise business with many successful franchises in Sydney. - Set $60 fee for tuition. Potential There is huge potential to develop the business as it caters to one of the largest school age catchments in Sydney. - Franchisor has dedicated marketing assistance and plans to rapidly increase enrolments when followed. - Fully enrolled business can gross $20,000 per week. Features Successful business model - Simple effective planned tutoring that requires little planning input. - Excellent head office assistance. - Huge local school population. Premises Well set up office location converted to three semi-private classrooms conducive to small class learning with an area of **** **** sq. mts. Location Very accessible location with good visibility centrally located in busy suburb with 4 schools nearby in South Western Sydney. Trading Hours 6 days - Mon. - Fri. - 4 p.m. - 8.20 p.m. - Sat. - 9.30 a.m. - 4.20 p.m. Lease Current lease expires June, 2019 + 2 year option. - 6 weeks bond - C.P.I. increases. Employees 2 owners Comments Misc. - 1 - GST on lease and sundries - Misc. 2 - 12% franchise fee on turnover.-Business is not being sold on figures but on the huge potential of designated franchised territory, its past strong trading and the fact that this is a franchised system that has a very successful track record. - Even with small enrolments the business is capable of generating a profit. - Small franchise fee applies to new owner.- The current owners have not been able to develop the business due to a change in family circumstances. Figures Weekly Sales $1380 Rent (ex GST) $325 Wages $0 Profit $776 Agent SBX Code Number: SFG10**** **** A - SBX Business Brokers

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