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Business Valuation
Listing Details
Online Tutoring at Home
Massachusetts
- Ad ID: 305833
- Type: Established business
- Category: Services - Educational Services
- Category: Internet - Business Services (B2B)
Financials
- Asking: Undisclosed
- Included in the Asking Price: Furniture, Fixtures & Equipment: $35,000
- Inventory: $20,000
- Gross: $2,100,000
- Cash Flow: $1,000,000
Summary Description
Internet based company is a great opportunity to reach students not only in the USA, but anywhere in the world. They provide online tutoring in Math, but the subjects are no limit. Benefits for parents include: $ savings due to rate compared to going into a tutoring center; save time because the tutoring is done at home, thus, no traveling; and save $ on gas as no traveling is needed. Internet based company has been approved by many states under the No Child Left Behind (NCLB) and we are currently servicing almost 1,000 students. Due to the NCLB program they have been able to establish many contacts throughout the United States with School Districts. This will give an opportunity not only for additional NCLB tutoring programs, but other during school or afterschool opportunities. In the United States alone, there are over 100 million students who could use tutoring at one point or another. This gives a parent or grandparent a great opportunity to help with a child's education. With minimum cost on the private sector, as long as a good marketing program is put into place, revenue in the millions can be generated. Even though the company is currently headquartered in the U.S., it can be located anywhere in the world.
General Information
- Year Established: 2005
- Employees: 11
- Facilities: There are some computers and office furnishings, but limited due since this is an Internet operation.
Market Outlook
- Competition: Online tutoring is growing every month. Other entities are entering the market. However, most have not reached or connected in the school market as we are positioned.
- Growth and Expansion: Currently, they only do math tutoring. There are no limits are far as subjects are concerned or the # of schools that can be contacted. As long as a person has a computer and Internet, they can be tutored.
About the Sale
- Financing: Cash by Buyer at Closing.
- Support/Training: Seller will make a smooth transition for the new buyer.
- Reason Selling: Seller has too many Internet ventures.
Contact Information
Jerry Collins
Trico Ventures
Phone: 239-949-1814
Email: jerry@tricoventures.com