Training & Education Providers for sale in Sevenoaks

View the "Successful Tutor Doctor franchise in one of the most affluent parts of the South East" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

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John Peacock (Feb 2017)
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Asking price: £105,000 Annual Turnover: £152,000 Annual Net Profit: £33,000
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Business Description
Background Information

Tutor Doctor is an international franchise model based out of Toronto, Canada. Tutor Doctor's proven in-home tutoring business model has created over 500 franchises in 16 countries including the UK, the US, Canada and Australia. There are over 50 franchises in the UK.

These are some of the great reasons to own a Tutor Doctor franchise:
• Succeed with low overhead and high earning potential.
• Work from home to fit with your lifestyle.
• The private tutoring industry will surpass $128 billion by 2020.
• A growing customer base and recurring revenue model.
• Make a difference in the lives of children and help them succeed.
• Strong, supportive and global network of franchisees for mentoring, friendship and support.
• One of the fastest growing franchises and recognised as an industry leader.
• Extensive training and support to make sure you succeed.
• The powerful, effective Tutor Doctor model is one that truly gets the best results for students.
• Our customers love us – 95% of our families would recommend us to others

Tutor Doctor Sevenoaks is currently run by a husband and wife team as ‘owner/operators’ but could also become an ‘executive/CEO’ model where the buyer invests in the business rather than operates it.

The business was established in 2016 and from a standing start achieved sales of £115,000 in its first year in the 8 months to March 2017. Revenue for the year to March 2018 were £152,000 with a Pre Tax Profit of £17,000 and Sellers Discretionary Earnings (Directors Drawings and Other Expenses - Add Backs) of £15,000 representing an EBITDA of 21%. The financial year to March 2019 has got off to a good start with a retained and adjusted profit of over £6,000 for the month of April 2018.

The business operates from a home office in Westerham, Kent and is supported by an experienced & trained part time Field Sales Consultant, an experienced call center to handle sales calls & consultation bookings, an experienced marketing agency providing highly effective internet marketing & lead generation and an independent book keeper.

Due to a change in personal circumstances, the current owners wish to sell their successful business. Much of the hard ground work to establish the business locally has been done and the current owners are confident that a new owner could be operating a profitable business from day one.

Business Highlights

• The Tutor Doctor brand is now well established in the area after extensive marketing activities, attendance at numerous local events & shows and a fully wrapped Tutor Doctor Smart car
• Referrals are increasing strongly as brand awareness increases
• Strong relationships have been established with a number of local schools to provide tutors for intervention work and home schooling. There are many more opportunities to work with schools. Work for schools represented over 35% of revenues in the year to March 2018
• Achieved NPS satisfaction score of over 90% amongst customers over the 12 months to May 2018
• Nominated for ‘Rookie of the Year’ (one of the fastest growing new franchises) at the 2017 DBA in Toronto (Tutor Doctor International Franchisee Conference)
• 52 retained tutors
• 40+ students continuing after the 2017/18 academic year plus the supported schools
• Ranked 11th by revenue in the UK and 79th globally in the Tutor Doctor network
Trading Hours:
Monday - Friday 9.00 - 5.00

Support & Training:
Full support from the experienced Tutor Doctor franchise team

Location Details:
Tutor Doctor Kent has an exclusive territory of some 300,000 households in Kent & Surrey including Sevenoaks, Tunbridge Wells, Tonbridge, West Malling, Swanley, Oxted and parts of Maidstone and the surrounding rural areas.

Is this business relocatable: Yes

Is this business home based: Yes

Website:

Find out more about this business opportunity.

 
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PAX01297024662
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