The business is a franchise associated with the largest and most successful franchisor in the educational field. Current absentee owner bought the business in 2010 from the previous franchisee and has rebuilt and expanded it into a very successful operation. The current owner has other business interests outside the educational field and thus feels the need to sell, preferably to an active owner/operator. Franchise has name recognition, good cash flow, and the potential for additional growth.
Even though the current owner has tripled the business volume over that which was realized by the previous franchisee of 7 years ago, there is ample opportunity to grow the business further by taking advantage of some opportunities created by the existing owner. The three year cash flow from 2014-2016 averages $108,465!!
Asking Price: $299,500
Seller’s Discretionary Earnings: $80,274
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