19 yr in-home and online reputable tutoring service

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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




Steve Lukes
Business Broker / M&A Advisor
4640 Admiralty Way, Suite 500
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 164
Direct: (310) 871-2909
Lic#: 02092334

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations