Children’s Tutoring Service in Bangor

Bangor, Gwynedd
REF: S07839

Asking Price:
£19,999
Annual Turnover:
£32,247
Annual Net Profit:
£7,211
Reduced
REF: S07839
Photo of Children’s Tutoring Service in Bangor
Photo of Children’s Tutoring Service in Bangor
Photo of Children’s Tutoring Service in Bangor

Overview

Tenure:
Leasehold
Established:
2003
  • Excellent reputation
  • Loyal customer base
  • Spacious premises
  • Equipment included
  • Huge growth opportunity

The business for sale is a reputable children’s tutoring service located in Bangor, Northern Ireland.

Providing a safe and friendly learning environment for children aged between 6 and 16, they offer tuition in Maths and English, alongside exam technique, study skills and dyslexia support.

The go-to tutors in the area, the business has built up a stellar reputation since its establishment in 2003.

Offered on a leasehold basis, rent is payable at a rate of £6,864 per annum with the current lease set to expire in November 2021.

The financials are based on 12 - 15 teaching hours a week so there is plenty of scope to increase the income.

Ideally situated within a busy business park, the business operates from a spacious, well-equipped premises.

With ample on-site parking, the business is extremely easy to access and benefits from the close proximity of local schools and complementary businesses.

The business also operates a modern website advertising their services, as well as a business Facebook page.

Complete with 11 fully-equipped teaching stations, the sale includes all of the relevant equipment, fixtures and fittings – allowing a new owner to commence operations from day one.

This would be the ideal opportunity for an individual with industry experience in search of an already established business with a fantastic local reputation.

There is ample room for further growth for a new owner. The implementation of further marketing through the likes of PPC and paid social media would help to increase their reach and recruit even more pupils.

A new owner could also look to expand their service offering to include tuition services for A-level students and more.

Features

Online Presence

Location

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  • Business park location
  • Near to local schools
  • On-site car parking
  • Office-based
  • Close to local businesses

Property

Annual Rent
£6,864
Annual Rates
TBC
Lease Term (Years)
1
Lease Expiry (Years)
TBC
Accommodation Included
No
EPC Rating
TBC

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
XXXX
Number of Employees
XXXX
Current Ownership
XXXX

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