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Successful Franchised Tutoring Business in Long Eaton Derbyshire for Sale

Long Eaton, Derbyshire
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This is a superb opportunity to acquire a successful franchised tutoring business in Nottinghamshire Photo 1
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This is a superb opportunity to acquire a successful franchised tutoring business in NottinghamshireThis is a superb opportunity to acquire a successful franchised tutoring business in NottinghamshireThis is a superb opportunity to acquire a successful franchised tutoring business in NottinghamshireThis is a superb opportunity to acquire a successful franchised tutoring business in Nottinghamshire
  • Status

    FOR SALE

  • Date Submitted:

    05/07/23

  • Advert ID

    516135

  • Reference

    444 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £85,000
  • Turnover: £78,004 (£1,500 Per week)
  • Net Profit: On request

Key Features

  • Close to Local Amenities
  • With Car Park
  • Central Position in Affluent Village
  • Fully Fitted
  • Established Business
  • Prime Location
  • Retirement Sale
  • Attractive Business
  • High Turnover

Business Details

This is a superb opportunity to acquire a successful franchised tutoring business in Nottinghamshire

This is a superb opportunity to acquire a reputable and successful franchised maths and English tutoring business based in the Long Eaton area of Nottinghamshire/Derbyshire. The business is available on a leasehold basis.

This is an established franchised tutoring business under a reputable global brand name.  The business has been established over 40 years and operates in 20 countries.  The business educates children in a defined exclusive territory which straddles both Derbyshire and Nottinghamshire. They are English and maths specialists and cater for children from 5/6 years old right up to GCSE.  Both online and in-centre tutoring is offered. Their secure platform provides an excellent interactive learning experience with tutors present when online learning is delivered. The business is Ofsted registered.

The business is an approved supplier and has a long-standing relationship with 3 secondary schools in the area together with their respective families of primary schools. A weekly franchise fee is paid that also includes a contribution to national marketing campaigns.  The franchisor gives a franchisee the right to use their exclusive tutoring system and business admin support system; full training is delivered by the franchisor. Tutoring is delivered on a small ratio basis and following a free assessment, each child is placed on an individualised programme.  This model ensures a quality experience for the child and a scalable cost-effective model for the franchisee.  Specialist staff are in place on 0 hours contracts. The tutoring business is cyclical, reflecting exams and currently operates on a 40-week year, although there are further opportunities to operate different models within the branding.

The business has been established since 2015 and has experienced steady growth since then and proved to be ‘pandemic resistant’ facilitated by the online platform. There is still significant growth potential.  The business has built up an excellent reputation and is considered a household name in the area.

·       Excellent reputation

·       Loyal customer base

·       Great location

·       Excellent relationships with schools

·       Cost effective premises

·       Significant growth potential

·       Minimal overheads

·       Fully qualified teaching staff

·       High turnover - £78,000 (approx.)

It is with a heavy heart that the current vendor is selling due to retirement. As a result of the excellent reputation and impressive financial performance of the business, we strongly advise a viewing to avoid disappointment. This business represents an excellent opportunity for a teacher that may be looking to transition out of mainstream education, whilst continuing to capitalise upon their own experience and existing skills set.  It is not essential that the franchisee is a maths or English specialist.  Would equally suit an entrepreneur looking for an established business within the education sector or an existing company looking for a lucrative acquisition.  Any new franchisee would need to be approved by the franchisor and should be teacher qualified. 

This business has experienced a substantial amount of interest at an initial stage, so to avoid disappointment, please contact us for further information.

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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.

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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.

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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.'.

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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.

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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 'This is a superb opportunity to acquire a successful franchised tutoring business in Nottinghamshire - 444 / 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.