Sylvan Learning - franchise business for sale, Mississippi

Owner finance available

Sylvan Learning Existing Franchise For Sale

Location: Mississippi
Price: $50,000 Seller Financing Available
Gross income: $190,405
Cash flow:
$141,000
Year Established: 1998
Employees: 7

Business Description:
This franchise is a nationally known provider of supplemental education. Backed by outstanding marketing and operating systems franchisees are trained and prepared to provide students with an unparalleled supplemental educational program.

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Facilities:
FF&E & Inventory are included in purchase. The center is surrounded by other professional businesses. The instruction area is clean, organized, and conducive to a busy learning environment. There are six instructional tables in a large room and one table in a smaller room, designated for the beginning readers. The center director has her own office, and the director of education has her own workspace. There is plenty of storage space as well.

Competition:
With the exception of a few mom & pop programs, Sylvan has been the only game in town for the past 10 years. We are well known by members of the community, leaders in the school systems, and parents throughout the county. We have served in the local Chamber and in the Rotary Club on educational committees and maintain close relationships with local school counselors, teachers, principals, and superintendents. Our largest competition has been the after-school tutoring programs run by the schools themselves. We compete for tutors and students.

Growth/Expansion:
The potential for growth is there, but the owner needs to be 100% committed to the business. This location is in the first phase of an economic growth plan and is working with small businesses to identify their needs. Grant partnerships are a real possibility, but real growth will be seen within the core business. An owner/operator will better meet the needs of the customer and will be able to keep the overhead costs to a minimum.

Financing:
Seller will consider 50% financing for qualified prospects.

Support/Training:
Seller and seller staff will be available for transition training 90 days, or longer if negotiated. Extent of training depends on situation of buyer and is negotiable. Buyer must complete Franchisor s training session(s)/Discovery Day and possibly Center Director training.

Reason Selling:
Owner has decided to pursue her second career

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