This Hampton Roads Sylvan Learning Center has owners who have fulltime outside jobs outside and devote very little time to the business. Yet, the business has extremely strong revenues, and cash flow that is projected to grow even more this coming year. 70% of revenues are derived from providing Supplementary Education Services at schools throughout Virginia, under Sylvan's "Ace it!" program. 30% of the revenues are derived from providing private pay educational services at the Center itself. Sylvan is THE name in supplementary educational services in both the private and public sector in the country. This is one of the better run franchises and it has great growth potential and great current financial strength.
| Listing ID #: | 1006 |
|---|---|
| Broker: | Ross A. Weinstein |
| City: | Hampton Roads |
| State: | VA |
| Asking Price: | $395,000.00 |
| Revenue: | $750,000.00 |
| Cash Flow: | $210,000.00 |
| Business Type: | Educational Services |
| Employees: | 4 FT & 150 PT |
| Building: | The Center is an approximately 2,977 sq. ft. space that rents for about $3,300/month |
| Reason for sale: | Owner focused on other pursuits |
| Down Payment: | Negotiable |
| FF&E: | $87,000.00 |
| Rent: | $3,300.00 |
Ross A. Weinstein
Director / Business Brokerage Services
S.L. Nusbaum Realty Co. 440 Monticello Ave, 1700 Wells Fargo Center
Norfolk, Virginia 23510
757-640-2234 - Office
757-286-6980 - Mobile
757-640-2418 - Fax
rweinstein@slnusbaum.com