19 yr in-home and online reputable tutoring service
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Background
| BizEx ID: | BizEx1351-SL |
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| General Location: | Minneapolis, MN |
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| Category: |
Educational Services
Consumer Services (B2C)
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| Years in Business: | 19 |
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| Under Present Owner: | all |
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| Hours of Operation: | standard |
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| Owner Hours: | standard |
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| Training: | 4 weeks @ 20 hours |
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| Organization Type: | S-Corp |
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| Lease Expiration: | n/a |
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| Lease Options: | n/a |
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| Building Size: | n/a |
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| Employees: | 1 |
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| Reason for Sale: | travel, spend time with family and other business interests |
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Financials
| Asking Price: | $225,000 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $312,000 |
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| Discretionary Cash Flow: | $97,150 |
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| FF&E: | |
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| Inventory Included? | |
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| Inventory: | |
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| Min. Operating Capital: | $10,000 |
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| Real Estate Available? | No |
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| Rent: | $0 |
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| Payroll: | $1,600 |
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| Financing: | SBA |
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|
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 |
Steve Lukes
M&A Advisor
100 Wilshire Boulevard, Suite 700
Santa Monica, CA 90401
Office: (310) 882-2200 ext 164
Direct: (310) 871-2909
Lic#: 02092334
OFF MARKET
