Math Tutoring Company – Granger Indiana
This math tutoring company serves students in Granger, Edwardsburg, South Bend and Mishawaka. With students in the area still experiencing educational effects from the “Covid Slide”, as well as the unprecedented need for improvement to better compete in college admissions and the job market, there is no better time than now to be part of the tutoring community and to help students reach their fullest potential.
Granger, Indiana
Math Tutoring Company
$366,445
$63,970
Asking Price:
$225,000
$2,500 (included)
2012
1 FT / 32 PT
•Business in a high visibility location
•Has been in Heritage Square center for 11 years
•2,400 square feet of recently updated space
•Excellent walk-in traffic and established local brand
Real Estate / Lease Terms:
•Space is leased, renewing in 12/2026
Growth Opportunity:
• Opportunities exist in growing direct relationships and referrals from the local schools
• A focus to improve wage/revenue to increase margin
• A change to an owner operated model would substantially improve cash flow to the owner
Competition:
• Two main competitors Sylvan (much more expensive) and Kumon (less expensive)
• Pricing and focus on math are the main differentiators
• Nearest Mathnasium over an hour away with no expectation of any coming in for the foreseeable future
Support & Training:
• Mathnasium (Franchisor) provides all necessary training and certification for the new owner
• Franchisor also provides needed training for staff
• Proven system and methods with over 1,100 centers operating globally – great Franchisor support
Reason for Selling:
• Seller is looking to focus on other business interests
Ready to sell or buy a small business?