Long Established Education Franchise – Tusmore, SA
Tusmore SA
Last asking price $69,000
Sold September 2023
Education
Business ID: BS152833
Turnover $170k-$200k – Flexible, Profitable Business
With its enviable Eastern Suburbs location - and high net worth demographic – this well-established Education Franchise will tick your boxes!
The Franchisor - Kumon Australia and New Zealand – is very supportive and regularly subsidizes Facebook marketing, helping you exploit this business’s potential.
Business Highlights:
- Established around 2000 - Convenient location with ample parking
- Safe & secure with a library in the same premises
- Excellent word-of-mouth & reputation in the community
- Free trials supported by franchisor
- Turnover averages $170k-$200k – Profits around $56k-$60k
- Premises (approx. 180 sqm) leased from Burnside Council - Low rent
- Frequented by Target Audience - families with school-aged children
- Owner (Instructor) works 20-25 hours/week + 6-8 casual staff
- Currently trades Mon-Thurs, 3.30pm-6.30pm - More days can be added to suit
If you’re passionate about working with children – and seeking a flexible business, you can mostly run from home – be quick to secure this investment.
There’s plenty of potential to grow the business – given the affluent location – and number of private schools.
Price: $69,000
Property Code: 3204