Visit this listing at https://www.sbx.com.au/business?id=M2248

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.

Description

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.

Summary

  • 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 available.
  • 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

Weekly Takings (inc GST)

$3,200

Cost of Goods

$383

Gross Profit

$2,813

Rent

$808

Wages

$1,020

Telephone

$19

Insurance

$15

Electricity

$26

Misc1

$225

Total Expenses

$2,113

Net Profit

$700

Price

$80,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Education - Coaching School -Franchise

Business Code: M2248
Price: $80,000

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.

Description

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.

Summary

  • 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 available.
  • 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

$80,000

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The information contained on each individual business for sale has been gathered from the vendor or landlord and/or professional service providers and is believed to be accurate and current as at the date of publication. SBX Business Brokers provides no warranties of any nature are given, intended or implied and prospective purchasers must rely on their own enquiries and should verify the accuracy of information before proceeding.