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Turnover $250K per annum (Ex GST) (approx.). Net to 1 owner $80K per annum (approx.), working 4 half days per week. (16 Hours per week approx.). Established 2006. 5 year Franchisee term available with an option to renew. Long term lease on existing high-profile premises available. No teaching qualifications are required. Full handover training provided with sale.
Extremely motivated vendor due to relocating to another town!!!
All reasonable offers will be considered!!!
About the opportunity
The business provides the following services: The Basics, which involves tutoring in core skills set out in the Australian Curriculum, pertaining to spatial skills, letters, numbers, phonics, handwriting, reading, spelling & writing process; English Tuition, which includes prep & primary, secondary school and adult literacy; Maths Tuition, which includes, prep & primary and secondary school; Science Tuition, which includes, physics, chemistry and biology; Other Subjects, like humanities subjects, economics, accounting, languages, computer skills and IT subjects.
Each Team Member in the Fruition Tuition system, which includes Corporate, Franchisees, Managers, Assistants and Tutors have excellent communication, administrative and organizational skills. The training systems in place enable the Team Members to be able to confidently and successfully work with as many learners as possible.
The business is very simple to run, the franchisor taking care of marketing, new product development, corporate imaging, etc.
The premises are situated in a high-profile, corner street front position on a busy main road. The premises possess 180 degrees exposure to the footpath and Aerodrome Road. There is ample parking surrounding the complex.
Some of the nearby businesses to the premises include, Reliance Partners Insurance Brokers, Multichoice Home Loans, Unique Osteopathy & Acupuncture, a medical centre, Cannon, Luxury Paints and Lucky’s Pizza & Pasta.
Fruition Tuition was founded during 1993, by Antony and Sherrin Gugenberger in Brisbane Queensland. Franchising was introduced into the business model mid 2005 and the group now boasts approximately 12 centres throughout Queensland, New South Wales and Victoria.
Factors which are fundamental to the success of Fruition Tuition Group are: highly skilled professional franchisees and team members who deliver unparalleled client service; optimal learning environments for clients and the team, and utilisation of world-leading software programmes and one-one tuition.
Asking $99,000 + SAV.
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