Owner Financing is Available!
Business Overview:
This is truly a golden opportunity to buy a multi-location (Upper East Side & West Side) well-established top international children s educational franchises well below 50% discount to the original cost of establishing the business. These two franchises are well known brands with a worldwide loyal customer following, especially in the New York area. Both of the locations in Manhattan are fully operational with the staff, technology, curriculum and a loyal following of clients.
This business for sale is absentee operated as the owner has other commitments and is unable to devote the necessary hands-on operational management.
The combined locations are profitable. As an owner operated business, this is a rare opportunity to buy a multi-unit leading co-branded franchise operation. The co-branded franchises represent the best combination of (1) a leading researched-based enrichment education program for young children using the state-of-the-art technology is offered in over 50 countries (rated the top program in the tri-state area with over 16 locations) as well as perfectly combining with (2) one of the top tutoring programs in the world, providing Math, Reading and Writing for students of all ages.
This is an ideal opportunity for former executives with sales and marketing experience or those with education background. Business is absentee operated.
Seller is asking for a price well below liquidation value. Asking price is only $250,000. Cost of franchise fee alone for both licenses is over $110,000. $125K down payment required. Balance will be financed by the seller for qualified credit.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The rent for the two Manhattan location leases is at a very deep discount to the market rates with almost 7-years remaining. The leases could be extended at the current discount rate for buyers with worthy credit. Rent is deep discount to the market rate (Upper East Side is $2,900 for almost 1000 sq. ft. top ground floor retail location).
Market Competition and Expansion:
As an owner operated business, this is a rare opportunity to buy a multi-unit leading co-branded franchise operation. The co-branded franchises represent the best combination of (1) a leading researched-based enrichment education program for young children using the state-of-the-art technology is offered in over 50 countries (rated the top program in the tri-state area with over 16 locations) as well as perfectly combining with (2) one of the top tutoring programs in the world, providing Math, Reading and Writing for students of all ages.
Reason for Selling:
Absentee Owner.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.
Resources: