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Dedicated Provider of Professional Tutoring Services for Elite Clients with £1.06m Turnover

Undisclosed

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    16/09/21

  • Advert ID

    282962

  • Reference

    152183 / Rightbiz

  • Call Agent:

    Registered members »

  • Asking Price: Price on Application
  • Turnover: On request
  • Net Profit: On request

Key Features

  • Offers Invited

Business Details

A DEDICATED PROVIDER OF PROFESSIONAL TUITION AND MENTORING SERVICES FOR PRESTIGIOUS PRIVATE CLIENTS

Turnover in excess of £1.06m, with an adjusted EBITDA of £485k. Circa £1.7m of revenue is secured for YE22, withan EBITDA of £815k. This revenue is secured for at least 4 years. In the process of securing new contracts that will increase revenue to
circa £2.6m, with an EBITDA of £1.3m before the end of YE22. On course to achieve a turnover of £5.5m by 2023. Utilises a extensive network of highly talented tutors and mentors to provide bespoke, one-to-one tuition services. Renowned as a leading provider within its market, commanding the highest tuition fees in the country and maintaining strong margins. Operates on an international basis, predominantly working with HNW and UHNW clients with a presence in a wide range of buoyant markets. Benefits from a high volume of repeat and referral business, with several client relationships spanning over three years. Registered with the Tutors Association, earning an excellent reputation amongst clients due to the exceptional services that it provides, as well as its consistently high success rates. Fully relocatable business, with all members of staff operating remotely. Offers invited.

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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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The data showed regarding this advert 'A DEDICATED PROVIDER OF PROFESSIONAL TUITION AND MENTORING SERVICES FOR PRESTIGIOUS PRIVATE CLIENTS - 152183 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.