Relocatable Home-Based Tuition Agency Business with Loyal Clients for Sale
Relocatable
- Status
FOR SALE
- Date Submitted:
11/02/24
- Advert ID
606573
- Asking Price: £20,000
- Turnover: £16,500 (£317 Per week)
- Net Profit: £8,600 (53% Profit margin)
Key Features
- Offers Invited
- Accounts Available
- Retirement Sale
- Established Business
- Attractive Business
- Home Based
- Small Business
Business Details
TUITION AGENCY HOME BASED
An excellent opportunity to purchase this award-winning, well-respected and established tuition agency.
Key features: Can be run by one person from their own home. Flexible hours. Very low overheads. Successful business with many loyal clients. Reputation built on personal attention to clients' needs - not just an online business. Reliable monthly income from day 1. A new owner could easily take over and continue operating straight away. Income from commission paid monthly by tutors who work on self-employed basis. Therefore, no need to employ staff or accountant.
You will need: Telephone, computer and desk!
Would suit: Person with good telephone manner and desire to help others, some knowledge of education system, good record-keeper and a working knowledge of I.T.
Location: Established in 1996 in Greater Manchester area, concentrating originally on home tuition within Lancashire and Manchester, could be run from anywhere. Now has 150 tutors on the books – all school subjects - now also includes online tuition – which has recently become more in demand since the Covid pandemic. Therefore, there is now a greater opportunity for a new owner to expand into any area of UK or beyond.
Reason for sale: Retirement
Asking price: £20,000
Annual Turnover: £16.500
Annual Gross Profit: £10,000
Annual Net Profit: £8,600
Email: (available on request)
Website
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Listing Statistics
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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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