Successful Private Maths Tutoring Academy With Development Potential

Price:

Other - £110,000

Turnover:

Seller Ref:

1132NG

Location:

Lincolnshire

Business Type:

Corporate Businesses, Service Businesses

See Other:

Schools for sale in Lincolnshire
Other service businesses for sale in Lincolnshire
Miscellaneous businesses for sale in Lincolnshire
Service businesses for sale in Lincolnshire
Corporate businesses for sale in Lincolnshire

Description:

THE BUSINESS:

HISTORY

• Launched by the vendor in 2010 as private academy specialising in tutoring mathematics, following many years teaching and lecturing
• Superb website
• Excellent reputation developed within the county
• Solid student base built up for the new owner

REASON FOR SALE

• Vendor wishes to concentrate on other business ventures within the educational arena

SERVICES

• Private mathematics tuition through structured individual learning plans
• Emphasis on long term work rather than examination cramming
• Exclusively one to one tuition supplementing classroom learning
• All ages and abilities catered for including
o Key stages 1, 2 and 3
o GCSE students
o A Level students
o Mature students

CUSTOMERS

• Privately funded students typically with professional parents
• Long term relationships with exceptionally high repeat rate
• Age range varies from 7 to 42 (vast majority under 18)
• Weekly lessons for most students
• Typically 40 to 70 students on the books throughout the year (flexes with the academic year)
• Wide catchment area with students drawn from throughout Lincolnshire

STRENGTHS

• Established over 18 months with excellent reputation and loyal repeat student base
• Extremely low overheads
• Re-locatable throughout the county
• Strong systems and protocols in place
• Excellent financial performance ensuring short payback period for suitably qualified buyer
• Currently trading below the VAT threshold

SCOPE

• Extension of geographical reach possibly to adjacent counties
• High level of demand for private tutoring within the county
• Employment of additional tutors
• Introduction of further subject areas and websites
• Additional focus on business development activities
• Could be ideal for husband and wife team
• Eminently suitable as “bolt on” business for tutoring/training business

PREMISES AND EQUIPMENT

• Currently run from two rooms in the vendors’ home
• Investment in workbooks and materials minimal
• Website has a dual function of business development and student support with homework and tests set

DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises.

Location Details:

• Trading from vendor’s home close to Sleaford in Lincolnshire • Fully re-locatable within the county • Two dedicated rooms for private lessons • Easy road access for parents with ample parking

Lease Terms:

• Run from home – the vendor would be happy to rent the existing rooms to a buyer if required

Trading Hours:

• As student demands dictate