Online English Tutoring Marketplace
MarketplaceBuilt first for learners in Turkey, it books one-on-one English lessons with 60 freelance teachers, and revenue is growing about 20% a year.
Ask $443K · Profit $134K · 3.3x · Empire Flippers
Oct 29
- Ask
- $443K
- Revenue
- $400K
- Profit
- $134K
- Margin
- 34%
- Multiple
- 3.3x
- Age
- 6 yrs (Jun 2020)
- Label
- Solid Business, Fair Price
- Reason
- 6 years old with a 34% margin, 20% yearly growth and a team that leaves the owner 10 hours a week; 3.3x is fair for that record.
Why it's interesting
- Revenue is growing about 20% a year, with ~1,000 paying users a month, 100-120 new students a month and a reported lifetime value above 6 times acquisition cost.
- A full team runs it: head teachers recruit, vet and check quality, 60 freelance teachers are paid per lesson, and there are 2 support reps, a marketing team and 3 freelance developers.
- The seller works about 10 hours a week, mainly on teacher payments and performance reviews, and corporate clients add a business segment beside individual learners.
What to watch
- Traction is concentrated in Turkey, so demand and pricing are likely exposed to the Turkish economy and the lira; the listing doesn't say what currency learners pay in.
- Teacher supply is the core asset, and the listing gives no figures on how long the 60 teachers stay or how their per-lesson pay has moved.
- The share of revenue from corporate clients isn't given; a few large accounts could matter more than the user count suggests.
Who it fits
An operator with edtech or marketplace experience, ideally knowing the Turkish market, who can oversee a remote team and wants to expand into new regions.
Ask the seller
- What share of revenue is billed in Turkish lira, and have lesson prices kept pace with inflation?
- How many of the 60 teachers have stayed more than a year, and what is their pay per lesson against the learner's price?
- How much revenue comes from corporate clients, and from how many accounts?
Growth plays
- Package corporate English programs for HR departments, with team plans and progress reports, building on the corporate clients already served.
- Localise the site and social marketing for a second English-learning market, reusing the head-teacher vetting process and the existing teacher pool.
Oct 29Added to Acumen Wire