Established Online Tutoring & Certification School

Undisclosed Address, Minnesota
Business Opportunity for Sale
Catylist Listing ID: 30721534
Property Subtypes: Educational
Building Size (RSF): See Agent
Sale Price: $575,000
Name of Establishment: Highly Profitable Tutoring and Teacher Certification Business
Business Website Address: https://bit.ly/3g2HWlw
Year Business Established: 2003
Gross Revenue: $677,285 (Annual)
Cash Flow: $241,035 (Annual)
Last Updated: 7/26/2021

Overview / Comments

The business has thrived despite the pandemic, particularly because it forced the Company from a face-to-face tutoring model to online. Transitioning its services online has broadened the company’s reach and increased profitability. It opens a universe of potential growth opportunities for a new owner in terms of expanding its online learning ecosystem. The Company maintains years of proven coursework and lesson plans just waiting to be effectively productized into online courses for sales across the globe.

Founded almost two decades ago, the business is a platform for industry leading tutoring techniques and teacher certification. The business effectively teaches struggling readers how to read and teaches educators how to teach struggling readers.

The business has built a fantastic reputation and should continue to thrive under new ownership. The current owner is open to a long-term transition.

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Additional Details

Industry Segment: Other Educational
Reason for Selling: The seller would like to continue working for the business with a focus on developing the teacher training program.
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Value of Real Estate Included ($): $0
Real Estate Lease Description: N/A
Employee/Labor Description: 10 employees
Mgmt/Training Support Description: Ownership is willing to provide reasonable and customary transition assistance.
Competition/Market Description: Investment Highlights Include: (1) Industry Leading Techniques: The system used is a unique and individualized reading curriculum based on a leading philosophy that aims to help students improve their reading and spelling skills. (2) Fantastic Local Reputation: The company enjoys a spotless reputation with its providers and clients with countless personal testimonials and a 4.3/5 star rating on Google.
Growth/Expansion Opportunities: Growth and Expansion Pros and Cons: (1) Continued Expansion Online: The move to an online format has allowed the company to expand its reach across the country. This has led to a notable increase in revenue and profitability, and the owner believes that this is only the beginning for the right buyer. (2) Targeted Marketing: The training portion of the business could be expanded greatly. Local governments and studies are concluding more and more often that the approach that the company teaches is the best way to teach students with emphasis on multisensory approaches to learning.

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 737 737
Median Age: 39.1 39.1
Households: 273 273

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