Owner Financing is Available!
Business Overview:
The company offers three teaching kits -- math, science and social studies that target the K-6 market. Priced at $3,499, these kits carry a $2,000 gross margin.
For the last three years sales have ranged from $400,000 to $450,000. This company's opportunity is for an acquirer to take the products national. These kits have primarily been sold in Utah. Only 30 percent of the sales have been outside of Utah, but most major districts in Utah have purchased the products due to their value in improving teaching.
The company was founded by the developer after 20 years of consulting and selling literature books to educators. The developer of the products saw a need to help educators find good literature books to teach topics of core curriculum. Principals immediately saw the value of the handbooks but wanted all the picture books at the same time. The math kit was created to satisfy that desire and was the company's first product that was sold to schools. Later science and socials studies kits were created that are part of this offering.
This company will be sold without employees. It is relocatable. One existing partner is open to retaining a small percentage of ownership to participate in the upside potential.
All inquiries should be directed to the broker, Craig Dennis. The company's brochure and website address is available from the broker by request.
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:
No facilities; expected purchaser will relocate.
Support/Training: Negotiated in offer to purchase.
Market Competition and Expansion:
Unique teaching kit for K-6 market; competes with education textbook market and school budgets.
70 percent of this company's business has been in Utah. However, the products have national potential. Acquirer should ideally have a national sales force in place and understand education market.
Reason for Selling:
Products need to be taken national.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.