A Business Helping Every Child Excel
We are a relatively young franchise opportunity with a fresh new look at the education sector. We offer far more than any other tuition-based business out there in franchising or otherwise.
We will help you to deliver a mix of private tuition, courses, workshops and clubs covering all subjects and providing an unrivalled service for your local community. With Tutortoo you benefit from year-round demand and multiple income streams that deliver significant earning potential combined with an enviable work life balance.
Costs To Invest In A Tutortoo Franchise
The initial cost for a Tutortoo franchise is £15,000 if you take advantage of a loan from either HSBC or NatWest who will offer you £25,000 on an unsecured basis.
You will then have the £40,000 necessary to buy the franchise and run the business to break-even which should happen around month 11. So, you put in £15,000 and take out £24,000 in your first year! We think that is probably the best franchise start up deal in the UK today.
Earning Potential
As a Tutortoo franchisee you will have the opportunity to earn in excess of £100,000 per year from year 3 onwards. Initially we suggest a take home pay of £2,000 per month to keep costs down and manage cashflow.
When your business is mature, year 3 onwards, the business value is also yours. We expect a business to be worth around £500,000 at the end of 5 years, so you are also building a nice capital sum for when you decide to leave the business (if you ever do).