UNDER LOI – Math Tutoring Company – Granger Indiana

Main Street Market Maker

UNDER LOI – Math Tutoring Company – Granger Indiana

Under LOI – This established math tutoring company is the ideal business for someone with an entrepreneurial spirit and a passion for helping children reach their potential. This tutoring company’s business model has been designed for profitability and built for lasting growth. Training and ongoing support is second to none; providing the resources, ongoing coaching, and continued education to ensure that you have everything you need to thrive in business.

This math tutoring company serves students in Granger, Edwardsburg, South Bend and Mishawaka. With students in the area still experiencing educational effects from the “Covid Slide”, as well as the unprecedented need for improvement to better compete in college admissions and the job market, there is no better time than now to be part of the tutoring community and to help students reach their fullest potential.

Listing ID:

MSG-23065325-66

Location:

Granger, Indiana

Type of Business:

Math Tutoring Company

Asking Price:

$225,000

Gross Revenue:

$366,445

Cash Flow:

$63,970

Inventory:

Very little required

FF&E:

$2,500 (included)

Established:

2012

Employees:

1 FT / 32 PT

Facilities:

•Business in a high visibility location
•Has been in Heritage Square center for 11 years
•2,400 square feet of recently updated space
•Excellent walk-in traffic and established local brand

Real Estate / Lease Terms:

•Space is leased, renewing in 12/2026

Growth Opportunity:

• Opportunities exist in growing direct relationships and referrals from the local schools
• A focus to improve wage/revenue to increase margin
• A change to an owner operated model would substantially improve cash flow to the owner

Competition:

• Two main competitors Sylvan (much more expensive) and Kumon (less expensive)
• Pricing and focus on math are the main differentiators
• Nearest Mathnasium over an hour away with no expectation of any coming in for the foreseeable future

Support & Training:

• Mathnasium (Franchisor) provides all necessary training and certification for the new owner
• Franchisor also provides needed training for staff
• Proven system and methods with over 1,100 centers operating globally – great Franchisor support

Reason for Selling:

• Seller is looking to focus on other business interests

Business Intermediary Contact:

Nichol Garnsay – Main Street Market Maker a division of Advanced Business Advisors, LLC

Direct: 269-363-2015

Fax: 248-564-5259

Email: Nichol@MainStreetMarketMaker.com

For more information, fill out the form below:

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The broker has made no investigation of the above information, prospective buyers must accept all due diligence responsibility. Above information is subject to change and/or correction and should not be considered binding.

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