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Thursday, August 25, 2016

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Sylvan Learning Center - Largo, FL Distressed Sale

SYLVAN LEARNING CENTER FRANCHISE - $20,000 SELLING PRICE - DISTRESSED SALE BUSINESS CLOSING: Sylvan Learning is the number one education and tutoring franchise in America.

FRANCHISE #00662 FOR SALE: The Largo Sylvan Learning Center Franchise is the centerpiece of the Largo, Clearwater and Seminole tutoring community. Sylvan Learning Center #00662 exclusive territory Franchise price is highly negotiable at a deeply discounted distressed price - call. This franchise originally established in 1999. Current owners acquired franchise late 2003. The Learning Center operates 5 days a week, 7 hours a day, serving K-12. Employees total six: one thirty-five hour a week owner, one full time manager and four part time teachers.

Financial Performance Summary of the Sylvan Learning Center Franchise # 00662
CATEGORY 2008 2007 2006
Revenues $294,503 $346,043 $436,419
Recast EBIDTA* $26,238 $6,929 $52,173
*Recast EBITDA – Recast EBITDA intended to reflect the actual owner benefits flowing out of the business. Owners are prepared to support the Recast EBITDA numbers presented above. Financial Statements and Tax Returns are available for 2004 through current.

LOCATION & FACILITIES: Franchise is located in one of the fastest growing areas of Florida, high-traffic Largo Mall, Pinellas County, Florida. The lease runs through October of 2011, includes 3,000 square feet, will easily accommodate student increases and rents for $6,542 per month.

BUYER QUALIFICATION: Buyer must qualify with Business Broker and Sylvan Learning Centers Corporate prior to transaction closing.


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