This is a superb opportunity to acquire a reputable and successful franchised maths and English tutoring business based in the Long Eaton area of Nottinghamshire/Derbyshire. The business is available on a leasehold basis.
This is an established franchised tutoring business under a reputable global brand name. The business has been established over 40 years and operates in 20 countries. The business educates children in a defined exclusive territory which straddles both Derbyshire and Nottinghamshire. They are English and maths specialists and cater for children from 5/6 years old right up to GCSE. Both online and in-centre tutoring is offered. Their secure platform provides an excellent interactive learning experience with tutors present when online learning is delivered. The business is Ofsted registered.
The business is an approved supplier and has a long-standing relationship with 3 secondary schools in the area together with their respective families of primary schools. A weekly franchise fee is paid that also includes a contribution to national marketing campaigns. The franchisor gives a franchisee the right to use their exclusive tutoring system and business admin support system; full training is delivered by the franchisor. Tutoring is delivered on a small ratio basis and following a free assessment, each child is placed on an individualised programme. This model ensures a quality experience for the child and a scalable cost-effective model for the franchisee. Specialist staff are in place on 0 hours contracts. The tutoring business is cyclical, reflecting exams and currently operates on a 40-week year, although there are further opportunities to operate different models within the branding.
The business has been established since 2015 and has experienced steady growth since then and proved to be ‘pandemic resistant’ facilitated by the online platform. There is still significant growth potential. The business has built up an excellent reputation and is considered a household name in the area.
• Excellent reputation
• Loyal customer base
• Great location
• Excellent relationships with schools
• Cost effective premises
• Significant growth potential
• Minimal overheads
• Fully qualified teaching staff
• High turnover – £78,000 (approx.)
It is with a heavy heart that the current vendor is selling due to retirement. As a result of the excellent reputation and impressive financial performance of the business, we strongly advise a viewing to avoid disappointment. This business represents an excellent opportunity for a teacher that may be looking to transition out of mainstream education, whilst continuing to capitalise upon their own experience and existing skills set. It is not essential that the franchisee is a maths or English specialist. Would equally suit an entrepreneur looking for an established business within the education sector or an existing company looking for a lucrative acquisition. Any new franchisee would need to be approved by the franchisor and should be teacher qualified.
This business has experienced a substantial amount of interest at an initial stage, so to avoid disappointment, please contact us for further information.