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2018 Established, Highly Rated London Tuition Centre Up For Sale

 Undisclosed, London

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    02/11/23

  • Advert ID

    602110

  • Reference

    B07618 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £69,995
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Highly rated Tuition Centre for sale

Business
Please quote reference B07618

CoGoGo is delighted to welcome to the market a highly-rated Tuition Centre in Greater London.

The business was founded by a young entrepreneur at the age of 17 in 2018 when she identified a need in the area for quality tutoring. During that time, it has built up an impressive number of regular students along with a burgeoning reputation with the average student staying with the business for 6-24 months.

The business is now being sold, albeit reluctantly and with a heavy heart only due to the vendor's wish to pursue other business interests in a different county.

This business offers an effective and unique method of tracking student’s progress. It ensures that students make clear advancements within a specific timeframe. The process includes evaluating each student’s current abilities, tailoring a monthly workbook to address their specific needs, and providing detailed monthly reports to parents for better monitoring of their child’s development.

The business offers comprehensive tuition services aligned with the National Curriculum, covering KS1, KS2, secondary, GCSE and A-level. They also design personalised learning materials both within and beyond the National Curriculum to cater to individual educational requirements. Additionally, the business hosts affordable weekly homework clubs and provides Arabic Classes.

The company has played a vital role in enabling numerous students to realize their full academic potential. This includes the attainment of exceptional GCSE grades such as grade 8s and 9s., and successfully transitioning to their desired Sixth Form and University Programs, all facilitated through our ongoing student consultations services. The centre has witnessed the achievements of local students in fulfilling their educational aspirations, particularly during critical exam periods. We provide valuable supplementary resources such as extra revision sessions, mock tests, personalised result results reviews, and intensive summer boot camps to support their academic growth.

The centre provides the following key features to facilitate a superior educational experience;

  • A conducive learning environment that promotes a positive atmosphere for students.
  • A personalised curriculum tailored to each student’s unique learning needs.
  • One-on-one mentoring and support sessions
  • Access to high-quality materials and resources to enhance the learning process.
  • Consistent communication with parents, ensuring regular feedback on their child’s progress.
  • A comprehensive assessment of each student’s academic standing enables the creation of custom learning packages to optimise their educational journey.
The sale will include the company’s marketing material and social media platforms along with access to a custom-built CRM system to manage tutors, students, parents and payment system.

Key selling points -

  • A well-established business on a busy commercial road around various schools and colleges with an enviable reputation and approximately 120 students at the time of instruction.
  • The current owner is happy to offer a handover to ensure the continued success of the business and continued assistance for future endeavours.
  • Business in a growth position with a secured customer base and plans to expand.
  • Ideal bolt-on to an existing tuition business looking for a foothold in this area
  • A real opportunity to increase turnover and profit significantly, the current owner has been running at a pace to suit due to her other business interests.
  • The tutors are all students who are young and ambitious with low administrative expenses and no staffing issues.
Scope for Future Growth:

  • Plans to be Ofsted registered and obtain educational funding from the UK government
  • Plans to start franchises with the current resources that are not readily available in the education market. The business has had approaches and plans from the National Franchise Association.
  • Introducing new revenue streams such as partnerships with the local schools, partnership with other specialised tuition (eleven plus tutors/ tuitions), introducing adult classes and soft skills class.
  • Extend opening hours
  • Maximising the use of social media


Location
The tuition centre is located in Greater London. 

The business is situated in a busy trading location, receiving high levels of footfall and passing trade. 



Premises
The business occupies generous ground floor premises ideally suited to the trade and briefly comprises an open plane room with glass partitions providing 3 separate study area, a class room, WC with hand wash basin and a kitchenette.

There is an enclosed yard to the rear.



Tenure
We are advised that the business is being sold on a Leasehold basis, with the landlord happy to offer a mutually acceptable lease to a new owner. The current rent is £1,500 per month. 



Hours
The current trading hours are -

Monday to Thursday - 4:00pm - 8:00pm

Friday - Closed

Saturday to Sunday - 10:00am - 5:00pm



Staff
We are advised that the business is run and managed by our client, with the help of 9 to 12 part-time tutors. 



Financial Profile
Further financials can be made available upon request. 



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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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