This business was founded in 2014 by the current owner and offers both face-to-face and online language tuition/training in 24 different languages. The owner no longer delivers training herself and her current role in the business is primarily marketing and administration on a part-time basis. Working an average of 12hrs per week, the business generated the owner an income of approximately $65,000 in FY2020.
Training is delivered as private tuition, group classes or online virtual classrooms. The business operates with trained native speaking subcontractor tutors, paid on a “per service order” hourly rates, depending on the contract. This business model keeps overheads to a minimum with the only major overhead being rent of approximately $30,000pa.
This business has performed extremely well during and after COVID and has enjoyed growth every year for the last 3 years. Classes are generally booked and paid for in advance on a term by term basis which means that you can easily forecast the revenue for each term based on pre-sales.
Our client is relocating permanently overseas at the end of 2020 and is highly motivated to see the business sold before she leaves. The business will be sold on a walk-in-walk out basis with a negotiable hand over period for a smooth transition.
For more information please contact Paul Price at Proactive Business Sales on 0477 971 716 or email email@example.com
- Price: $129,000 WIWO
- Location: Toowoomba
- Business Type: Non-Franchise
- Industry: Entertainment
- Listing #: ED-001