Established and reputable tutoring school in highly sought after location

28 days ago

Private Seller

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Summary

Rare opportunity for an established tuition school in a highly sought after location amongst several coveted local primary & high schools.

Location Details

Carlingford Court Shopping Centre with plenty of parking

Potential

Plenty of untapped opportunity:
Robotics program (contracted instructor). Creative Voucher approved.
Extend hours to Sunday (currently closed)
Online tutoring capable - Zoom and staff training documentation included
Online portal (content developed e.g. teaching videos - currently free to students)
School holiday programs - interest in workshops from parents
Access to free marketing from Shopping Centre - posters, PA announcements, website, facebook
Heavy foot traffic of parents - Swimming, Karate, Fitness First on the same floor

Hours

Monday to Friday 3:30PM - 7:30PM (Mon & Tue 7:00PM)
Saturday 9:30AM - 4:30PM

Lease

Long 4 year lease remaining, until April 2026

Employees

18 trained employees across casual and part time arrangements

Reason for Sale

Business is being sold due to relocation overseas

About the Business

Classroom and private tuition for students between Preschool to Year 12
Post Covid Improvements: Evident in 30%+ increase in student enrolments in Term 2 compared to Term 1
Positive cashflow business (full 10 week school Term enrolment fees are paid before a term commences)
Great environment and relationships with students and parents
Superior teaching approach as compared to competitors (consistent feedback from parents)
Online tutoring offered
Long 4 year lease - 7 rooms total, including 5 XL rooms (each room has potential to be split into 2) and staff kitchen
Brand new website with full enrolment form capability
Programs for Pre-school to Year 10 (Maths and English) - majority refreshed in 2021. Special programs including:
- Year 3 NAPLAN preparation in-built to Year 2 and 3 programs
- Year 4 Opportunity Class preparation course
- Year 5 and 6 Selective / Scholarship preparation course
- High School Science (early stages)
- Mock Tests for OC, Selective and NAPLAN (Yr 3, 5, 7 and 9)
Exceptional location (with great relationship with leasor) with plenty of parking
Close to various coveted Epping and Carlingford primary and high schools.
Students come from all surrounding suburbs (North Rocks, West Ryde, Telopea, Meadowbank, North Epping, Eastwood, Beecroft, etc.)

History

Business has been operating in the same location since 2006 supporting thousands of students in the surrounding suburbs. Carlingford and Epping continue to grow as the med and high density residential zones increase, coupled with a new primary school Epping South Public School due to open January 2023.

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