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Leasehold Sale for Established Children Tutoring Business in Surrey, Near Guildford

Cranleigh, Surrey
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Children Tutoring Business Near GuildfordChildren Tutoring Business Near Guildford
  • Status

    FOR SALE

  • Date Submitted:

    10/10/21

  • Advert ID

    284166

  • Leasehold: £55,000
  • Rent: £11,700
  • Turnover: £77,000 (£1,481 Per week)
  • Net Profit: £33,000 (43% Profit margin)

Key Features

  • Small Business
  • Attractive Business
  • Accounts Available
  • Fully Fitted
  • Established Business
  • With Car Park

Business Details

Children Tutoring Business Near Guildford

CHILDREN TUTORING BUSINESS FOR LEASEHOLD SALE IN SURREY

A successful, independent, and well-respected tuition centre established for over 17 years is available for sale near Guildford. The centre is situated in a tranquil and naturally landscaped thriving retail, craft, and business park. It is free on-site parking and a café.

It provides tuition in English and maths for students aged six to sixteen in a safe and focused environment. All students have their study programs. These can include:

· Literacy and numeracy

· 11 and private school entrance exam preparation

· Preparation for Key Stage two SATs

· KS3 Support

· GCSE English, English literature, maths

· Summer holiday courses

· Touch Typing

· Handwriting

The premises consist of a large, bright teaching room and an office/2nd teaching room. The teaching space is well equipped and has storage,12 computers, and two printers. While some of the resources used are Internet-based and access is purchased annually, there is also an extensive range of licensed software and hands-on resources. All furniture is included in the sale.

The tuition centre has an excellent reputation in the area. The majority of the students come through recommendations or siblings. Still, it also advertises consistently in the local towns and villages, has a solid online presence, and has links to local schools, so their name is well known.

The centre also has OFSTED registration and is a member of the Association of Professional Tuition Centres. Unlike many other tuition centres, this tuition centre is independent, and therefore no franchise fees are payable. The Annual turnover Of the business is over £78,000 (2019 to 2020).

Revenue streams:

  • Half termly and termly tuition fees
  • Summer holiday courses
  • Short courses such as touch-typing and handwriting
  • Childcare vouchers

The business is well placed to take full advantage of the increasing demand for quality tuition. The centre is run under sole ownership by an owner/teacher and also employs fully qualified teachers.

Leasehold: £55,000, attractive terms & renewable

Annual Rent: £11,700

An owner tutor can earn £33,000 p. a.

It is a genuine retirement sale, and there is plenty of scopes to expand the business. There are no tuition sessions on Fridays, Saturday afternoons, or Sundays, half terms, Christmas, and Easter holidays. There have been many requests for sciences, English as a foreign language, languages at all levels, and ‘A’ level maths and sciences. On occasion, we have offered online tuition and continue to receive inquiries for this.

The vendor offers an initial handover and training period and phone/email advice and consultancy.

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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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