Reputable Private Tuition Company in Wiltshire

Salisbury, Wiltshire
REF: S08041

Asking Price:
£108,000
Annual Turnover:
£80,000
Annual Net Profit:
£50,000
Reduced
REF: S08041
Photo of Reputable Private Tuition Company in Wiltshire
Photo of Reputable Private Tuition Company in Wiltshire
Photo of Reputable Private Tuition Company in Wiltshire
Photo of Reputable Private Tuition Company in Wiltshire

Overview

Tenure:
Relocatable
Established:
2011
  • Excellent reputation
  • Loyal customer base
  • Huge potential for growth
  • Recently refurbished premises
  • Friendly, professional team

The business for sale is a reputable private tuition company in Salisbury, Wiltshire, which provides national curriculum-based Maths, Science, and English tuition up to GCSE level. Established 10 years ago, the company has been growing steadily since its creation and has now gained a fantastic reputation and a loyal customer base.

The tuition company aims to support and extend on the work children should be doing in school. They help students prepare for a variety of exams, including 11+ tests, Common Entrance, and GCSEs.

The business offers online lessons through Zoom and parents have been informed this is now the only form of tuition delivery. This has been the case since April 2020, but it’s worth mentioning that the office rental and overheads were included in the previous accounts.

Currently, the only employed member of staff is the owner’s wife. The business has used several sub-contractors in the past, who work on an hourly ad-hoc basis. These contractors include 2 qualified English teachers, a Maths teacher, a Science teacher, and an EFL teacher.

There is huge potential for growth with this business, as the new owner will have the opportunity to extend on the topics offered and ages covered. This fantastic business would be perfect for a tutor or teacher, who is looking for new business opportunities.

As all the tuition is delivered online, this business is fully relocatable, which should give the new owner a great deal of flexibility over their work location. The new owner could of course open an office and offer in-person lessons if wanted. In this case, it might be beneficial to stay within the current area of operation.

The successful website and social media channels will transfer over with the business sale, which means the new owner will be able to get to work straight away.

The owner and his wife are happy to stay on for an agreed period to help the transition to new ownership. The vendors are only selling due to retirement.

This would be the ideal business for a teacher or tutor, who is looking for new business opportunities.

There is huge potential for growth with this business, as there is a massive opportunity to offer a wider variety of topics and lessons and to cater to more age groups. This would be a great way to attract more customers.

Features

Online Presence

Location

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  • Relocatable
  • Home-based
  • Office-based
  • Close to local businesses
  • Close to schools

Financial & More

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