Eastern Suburbs
NSW
$150,000
Education - Coaching School -FranchisePrice: $50,000Net Profit: $700 |
Visit this listing at https://www.sbx.com.au/business?id=M2248 |
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Business Code: M2248 Key Features: Education-Coaching School-Franchise-1.5 days-Could open 6 days to boost income State: NSW Location: Situated on main shopping road in affluent area of Eastern Suburbs. DescriptionFranchise coaching school for after school education. It has provided customised learning material and tutoring service to students ( Kindergarten - Year 6 ) for entry examinations into opportunity class, selective high school and private school scholarships. Average students pay $770 tuition fee, plus learning books and materials fee $86 per term (10 weeks or 11 weeks ). It has 5 class rooms with up to 60 seats. Currently only open 1.5 days due to both owners having full time jobs.- The lease will expire soon so the business needs to be relocated.
Summary
Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale. 
Weekly SummaryWeekly Takings (inc GST)$3,200Cost of Goods$383Gross Profit$2,813Rent$808Wages$1,020Telephone$19Insurance$15Electricity$26Misc1$225Total Expenses$2,113Net Profit$700Price$50,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Education - Coaching School -Franchise
Business Code: M2248Price: $50,000
Key Features: Education-Coaching School-Franchise-1.5 days-Could open 6 days to boost income
State: NSW
Location: Situated on main shopping road in affluent area of Eastern Suburbs.
Business Overview
Franchise coaching school for after school education. It has provided customised learning material and tutoring service to students ( Kindergarten - Year 6 ) for entry examinations into opportunity class, selective high school and private school scholarships. Average students pay $770 tuition fee, plus learning books and materials fee $86 per term (10 weeks or 11 weeks ). It has 5 class rooms with up to 60 seats. Currently only open 1.5 days due to both owners having full time jobs.- The lease will expire soon so the business needs to be relocated.
Summary
- Key Features: Good location. One of the leading market eduction franchises. Great franchise on going support. Very short trading hours, only open 1.5 days. Good income for short working hours. Easy to run. Huge growth potential. Great demand on market.
- Potential: A hand over to a full time motivated owner operator could open 6 days ( Mon. to Fri. after school hours and full day on Sat.) to boost income. Could open school holiday course. Could apply for high school course ()franchise optional ). Expectedly the business profit could increase more than $2000 p.w. if fully operated.
- Premises: The school has an area of approx. 150 m2 including reception area and 5 class rooms.
- Trading Hours: 1.5 days. Thursday ( one class ) 4 pm to 7 pm. Saturday (7 classes ) 8:45 .m to 5:45 pm.
- Lease: 3 + 2 years lease commenced February 2021. 3% annual increases. 3 months security deposit. -New lease is not available. The interested buyer needs to find a new place to continue the business.
- Employees: 2 owners reception job ( 1 working Thursday 4 pm to 7 pm, the other working Saturday 8:30 am to 5:45 pm. Total 1 1/2 days ) plus casual teachers.
- Sale Reason: Not enough time to be involved in the business due to both owners having full time jobs and far away from the home.
- Comments: Learning and test materials are supplied by franchise head office. Misc- 1-8% franchise royalty fee (total takings subtract materials cost ). A great potential of high income business. Well priced for sale. Inspections must be through SBX Business Brokers to make an appointment.
Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale.
Weekly Summary
Figures include GST unless stated otherwise
Weekly Takings
$3,200
Cost of Goods
$383
Gross Profit
$2,813
Rent (ex GST)
$808
Wages
$1,020
Telephone
$19
Insurance
$15
Electricity
$26
Misc1
$225
Total Expenses
$2,113
Net Profit
$700
Price
$50,000
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All business and financial information provided is supplied by the vendor. SBX Business Brokers does not verify, adjust or interpret financial data. Buyers must rely on their own enquiries and independent professional advice. SBX Business Brokers accepts no liability for decisions made based on vendor-supplied information.