BFS1651 - Premium Tutoring Franchise For Sale. Work From Home. Territory in East London.
Business for sale
Business descriptionPremium Tutoring Franchise For Sale. Work From Home. Territory in East London.
Ref : BFS1651
Location : East London, England, United Kingdom
Asking Price : £29,995
Turnover : £70,000
Gross profit : £35,000
About the Company
Leading tuition franchise business specialising in the provision of one-to-one in-home tuition. Strong growth over nearly 2 years of operation (turnover ~£70k, gross profit ~£35k), with potential for significant further growth. Prime territory covering the majority of Tower Hamlets borough in East London (including Isle of Dogs, Canary Wharf, Limehouse, Poplar and Bow). Whilst visits to the territory required for consultations and any in-person marketing initiatives, the owner / operator can be home based (and as the students are taught by tutors in their homes there is no requirement for a building / classrooms, meaning overheads are low). Sale price includes branded car, eventing kit, promotional material, and merchandise.
Great opportunity for someone looking to take over and grow an established business, with a great reputation, that makes a positive difference to the lives of children and families it serves. Background in education not required, with the business operations encompassing an exciting variety of roles typical for an entrepreneur, whilst being supported by the franchisor and their established systems and processes.
The new owner will be part of a network of over 200 franchisees globally operating in over 400 territories in 15 countries around the world. The franchise has experienced significant expansion across the UK over the past few years, particularly in London, and is excellently positioned to take advantage of the rapid growth in the UK tuition industry- a trend which is well set to continue.
The businessís territory has one of the highest proportion of young people in London and the South-East, and the population is rapidly growing as the area undergoes significant development. Add to that an increasing interest in tuition as parents / students look for support amongst a changing curriculum and high competition for school and university places, the demand for tuition services is well set continue rising. With its comprehensive, professional and personalised approach, the business is certainly primed to take advantage of this. There is significant potential in the schools within the territory given the high level of pupil funding received by the borough, as well as in business related tuition and training opportunities- not least due to the continually expanding Canary Wharf area. The territory is also ideally placed within easy travelling distance for a huge pool of talented students and trainee teachers that can be sourced from Londonís central universities.
The business has been run very efficiently, with comprehensive records kept, and logical processes and workflows in place. It has a current contact list of nearly 500, including over 90 current and former customers and over 60 tutors. We have developed and maintained good relationships with our leads, customers and tutors, and the business has really started to build a reputation in the community as the premier in-home tuition service operating within the area. This reputation is supported by the professionalism of surrounding franchisees, and the new owner can really expect to benefit from the collaboration and support provided by the franchisee network across the UK and beyond.