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Connecticut Business For Sale

 

CHILDREN’S GYMNASTICS & PARENTS FREE TIME


Attn: C. J. (Charlie) Vlahos
Newtown, CT, USA
Listing Number: "243"
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Asking Price: $109,900 USD USA Dollars
Business for Sale Industry: Services: Education, Training
Reason for Selling: Owner’s family is growing again. With another baby
Year Established: 2007
# of Employees: 13
Yearly Cash Flow: $59,116
Yearly Gross Income: $241,285



Business for Sale Overview:
This business is On Deposit. Someone is in the process of Buying it. You can put a Back-Up Offer on it which would mean should this Buyer not be able to complete the transaction you would be the next in line to buy it. This business offers gymnastic and movement education coordination classes for children. They also provide Moms & Dads morning and Friday night quality time for themselves while the kids have fun in a safe environment supervised by a dedicated staff. The center also offers soccer classes, birthday parties and summer camp classes. The 7 day a week center is open to coincide with scheduled classes. See detailed descriptions of some of the classes & programs currently being offered. There is usually a receptionist whenever opened and instructors either teaching or supervising the children (depending on the program). There are currently 13 part time instructors/supervisors with an average rate of $11 per hour. Equipment is +/- 1.5 years old and in excellent condition. Sales this year (through March) are 66.8% ahead of the same period last year. Proforma Cash Flow expected is +/- $59,116.

Property Features and Assets:
The business is centrally located on Route 25 in Newtown, CT close to Monroe, Bethel, Redding & Brookfield. It is near shopping & restaurants so parents can occupy themselves while the kids learn & play. The business is located in 3,000 square feet of new space. Parking in the front and rear. If qualified the Owner will finance with 50% down payment over 2 years @ 10% interest. Owner’s family is growing again. With another baby on the way, the Owner wants to remain at home full time with her children giving way to the sale of this exciting business.



Additional Details:
  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • The owner is not willing to work for the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise opportunity.
  • This is a distressed business or bankruptcy situation.

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