Minneapolis Tutoring: 19 Years In-Home & Online
Home / Listing / Minneapolis Tutoring: 19 Years In-Home & Online
This listing is: Off Market
Background
| BizEx ID: | BizEx1351-SL |
|---|---|
| General Location: | Minneapolis, MN |
| Category: |
Educational Services Consumer Services (B2C) |
| Years in Business: | 19 |
| Under Present Owner: | all |
| Hours of Operation: | standard |
| Owner Hours: | standard |
| Training: | 4 weeks @ 20 hours |
| Organization Type: | S-Corp |
| Lease Expiration: | n/a |
| Lease Options: | n/a |
| Building Size: | n/a |
| Employees: | 1 |
| Reason for Sale: | travel, spend time with family and other business interests |
Financials
| Asking Price: | $225,000 |
|---|---|
| Down Payment: | Negotiable |
| Gross Sales: | $312,000 |
| Discretionary Cash Flow: | $97,150 |
| FF&E: | |
| Inventory Included? | |
| Inventory: | |
| Min. Operating Capital: | $10,000 |
| Real Estate Available? | No |
| Rent: | $0 |
| Payroll: | $1,600 |
| Financing: | SBA |
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| Gross Sales | $ 312,586 | $ 322,515 | $ 338,767 |
| Gross Profit | $ 163,277 | $ 151,923 | $ 152,569 |
| Disc. Earnings | $ 97,154 | $ 103,117 | $ 99,779 |
