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Academic Tutoring Center

Las Vegas, Nevada, United States
Education
Company Data
Price
$65.0K
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Revenue
$325.0K
Top 10%
Profit
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0.2X
Business Overview
About the Company
**BUSINESS DESCRIPTION** High\-Dosage Tutoring Center Serving Students from Pre\-K through College The center has been operating in this location for 15\+ years and is on track to generate over $325,000 in revenue this fiscal year\. The center is offered as a fully functional turnkey operation\. This fully accredited academic learning center provides individualized instruction that helps students improve their academic skills and perform better in school\. We have highly trained and certified teachers in reading, writing, spelling, phonics, mathematics, and study skills who instruct students from kindergarten through 12th grade\. We also offer ACT/SAT and high school entrance exam preparation\. Additionally, we have tutors for chemistry, biology, physics, algebra, geometry, pre\-calculus, and Spanish\. The center is situated near the intersection of two highways, about 20 minutes from downtown Las Vegas\. It is located in a shopping plaza with multiple retail stores, including a major grocery store, directly facing Trader Joe’s, and across the street from a Lowe’s hardware store\. The large parking area is continuously busy with customer traffic, which contributes to our walk\-in traffic\. The school district has over 300,000 students supported by 378 elementary schools and 73 high schools\. In addition, there is a substantial number of private and charter schools\. The business is a franchise of Huntington Learning Corporation, which has a long history of providing robust support to its franchisees\. **DETAILED INFORMATION** **Location:** Las Vegas, NV **Inventory:** Not included in asking price **Real Estate:** Leased **Building SF**: 2,025 **Lease Expiration**: 07/30/2024 **Employees**: 15 **Facilities**: Fully furnished with fixtures, equipment, and curricula\. The lease is renewable\. **Competition**: We are the only provider of high\-dosage tutoring in the area that can bring students' reading levels up to grade level within months\. There are a number of Mathnasiums and Kumons in the area that do not provide individualized instruction with professional teachers\. **Growth & Expansion**: With 300,000\+ students in Las Vegas, the growth potential is unlimited\. The physical space could support 200\-300% growth without alteration\. **Support & Training**: We will provide support and training as necessary for up to 6 months\. The franchisor also has required training for the new owner\. **Reason for Selling**: We are retiring\. **Franchise**: This business is an established franchise\.
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