- Asking Price: £76,500
- Turnover: £71,057 (£1,366 Per week)
- Net Profit: £23,911 (34% Profit margin)
Business Details
Highly Profitable Tuition Business for Sale in London Part of a Successful Franchise
This well-established business for sale has been recognised as one of the top-performing franchisees for tuition services, surpassing over 70 locations in the last 5 years. With a focus on providing personalised, one-to-one, in-home tutoring for academic subjects to children of all age groups, this franchise has built a strong reputation for its exceptional customer service and high-quality tutoring services.
Located in the North West London area, it boasts a strong brand presence and enjoys an outstanding reputation for prioritizing customer satisfaction. A remarkable 45% of its customer base has been acquired through referrals, showcasing the business's exceptional service and customer loyalty. With a renewal rate of 60%, the business demonstrates its ability to retain clients and build long-term relationships.
Online tutoring is the primary mode of delivery, constituting 100% of the services offered, surpassing the UK national average of 70-80% in-person and only 20-30% online, setting this business apart from other competitors. This also makes the business easy to run remotely, with the owner often managing the day-to-day from abroad with no interruptions.
With over 40 Google Reviews and an impressive average rating of 4.5 stars, the business has garnered positive feedback from satisfied customers.
Operational processes are meticulously executed and continuously monitored, ensuring smooth operations and efficiency. The business's financials are robust and have gone from strength to strength in recent years. Furthermore, this business opportunity offers a highly coveted territory known for its high concentration of "chimneys per square mile" in London and the South-East presenting a promising market potential for future growth.
