Seller's Contact Information
- RE: Children's Gymnastics/Child Development Franchise
- Contact: Ken Stein
Quick Facts
Asking Price: | $99,000 | |
Annual Revenue: | $400,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $70,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 97574701 | |
Broker Reference #: | 14810 |
Business Overview:
A top rated early childhood development franchise (like a Gymboree, The Little Gym, MY Gym) is for sale in Somerset County. This play center is currently not operating. It is built out and ready to go. The business is 15 years established and closed at the start of the pandemic. The landlord, the franchisor, and the community, all want to see a new owner take over operations and relaunch. The business traditionally netted about $75,000 to the owner a year with passive ownership. The seller also owns the development rights for another location that can also be purchased along with this unit for a total purchase price of $114,000 for the existing unit and expansion territory. This is a top-rated brand that is seeing booming sales, and the majority of the system is surpassing their pre-pandemic revenue numbers. This unit is selling for less than a third of the cost to open a new unit! It comes fully equipped and is ready to go. Call about listing 14810 to learn more.
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Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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