Sylvan Learning Center for Sale (2-Location Package)

Sylvan Learning is the most recognized brand in supplemental education. With more than 750 locations and 40 years of stellar results for students and our franchisees, franchise system has emerged as a leader in the $4 billion education industry. With a proven track record of success and the right tools in place, Sylvan is a great and long-term opportunity in a booming segment. Location: Hoover, Alabama Year Established: 1980 Number of Employees: 15 Franchise: Yes Real Estate: Leased Building Sq. Ft.: 2,800 Rent: $3,350.00 Per Month Lease Expiration: 10/31/2024 Facilities: Both locations leased in a retail building with easy access from main road. Approx. 2.5+ year remaining on the lease with option to renew. Both locations equipment, furniture & fixtures, complete technology, exterior signage and learning materials are included in the sale price. The area where the office is located is in a well-developed busy area with several local amenities and ample parking onsite. Market Outlook/ Competition: Both Centers have been in business since long, one for 40 years, second for 10+ years serving the same neighborhood. These centers have a positive growth rate, students are continuously enrolling, with more than half of the families with returning enrollments for 2nd and 3rd time. Located close to the high traffic mall and shopping plazas and opportunity for local advertising with local restaurants and shops. Growth & Expansion: While there is competition within the local tutoring industry, Sylvan's individualized program and wide range of services allow the brand to be the complete solution for families. All centers are geographically dispersed through the region providing significant opportunity for growth and expansion. There are opportunities for additional satellite locations within the territory.