Children’s Tutoring Service in Bangor

Bangor, Bangor
REF: S07839

Asking Price:
£25,000
Annual Turnover:
£32,247
Annual Net Profit:
£7,211
REF: S07839

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.

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  • Business park location
  • Near to local schools
  • On-site car parking
  • Office-based
  • Close to local businesses
Rent
£6,864
Rates
£0
Lease Term
1
Lease Expiry
2021
Square Footage
TBC
Accommodation Included
No
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
TBC

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

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