Business Category: Educational Services and Internet Businesses
Location: Minnesota
City/Region: Hennepin
Listing Price: $575,000
Revenue: $677,285
Cash Flow: $241,035
The business has thrived despite the pandemic, particularly because it forced the Company from a face-to-face tutoring model to online. Transitioning its services online has broadened the company’s reach and increased profitability. It opens a universe of potential growth opportunities for a new owner in terms of expanding its online learning ecosystem. The Company maintains years of proven coursework and lesson plans just waiting to be effectively productized into online courses for sales across the globe.
Founded almost two decades ago, the business is a platform for industry leading tutoring techniques and teacher certification. The business effectively teaches struggling readers how to read and teaches educators how to teach struggling readers.
The business has built a fantastic reputation and should continue to thrive under new ownership. The current owner is open to a long-term transition.
Opportunities For Growth:
(1) Continued Expansion Online: The move to an online format has allowed the company to expand its reach across the country. This has led to a notable increase in revenue and profitability, and the owner believes that this is only the beginning for the right buyer.
(2) Targeted Marketing: The training portion of the business could be expanded greatly. Local governments and studies are concluding more and more often that the approach that the company teaches is the best way to teach students with emphasis on multisensory approaches to learning.
Investment Highlights:
(1) Industry Leading Techniques: The system used is a unique and individualized reading curriculum based on a leading philosophy that aims to help students improve their reading and spelling skills.
(2) Fantastic Local Reputation: The company enjoys a spotless reputation with its providers and clients with countless personal testimonials and a 4.3/5 star rating on Google.
Reason For Sale: The seller would like to continue working for the business with a focus on developing the teacher training program.
Number of Employees: 10