Seller's Contact Information
- RE: Education: Essential Learning Center = Success
- Contact: Rick Carlson
- License #: 01820673
Quick Facts
| Asking Price: | $595,000 | |
| Annual Revenue: | $953,761 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $205,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1992 | |
| Employees: | 10 | |
| BBN Listing #: | 660027574 | |
| Broker Reference #: | 1051 EDUCATION |
Business Overview:
The Company, classified as an education or learning center, works to help students with learning disabilities and their families. Highly credentialed staff customize programs that teach reading and writing (among other skills) to achieve the child’s maximum academic potential.
Originally, programs were designed for students diagnosed with ADHD and dyslexia. Over the year’s programs expanded to include all learning differences including high functioning Autism, sensory processing issues, dysgraphia, processing speed, and more. Now in its 20th year, the Center has not only changed the lives of thousands of children but the principals have written, or co-written, almost two dozen books that will positively influence the lives of many more children and leave a lasting legacy.
The organization is made up of ten individuals; two partners, an operations manager, one clinical director, along and six educational specialists.
Some of the classes and programs are offered at the conveniently located center, while others are done online via Zoom. In addition, about half of the business’s revenue comes from customized homeschooling programs.
Personalized plans are based on an initial consultation and test scores. The team devises a plan for treatment and defines goals.
NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
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Property Features and Assets:
The Company operates from a modern commercial building in an upscale community. Rent for the 2,600 square foot space with parking is $9,800 per month. The lease runs through May 2023.
Market Competition and Expansion:
Competition: The special education community in California has blossomed with many therapy gyms and new “learning” franchises. These Sellers are educators who went into business to provide individualized programs that help students overcome specific challenges. Those new to the learning and test prep industry are business people going into education. Those programs widely differ in scope and purpose. Growth & Expansion: Although many aspects of education were hit hard by the pandemic and children stopped learning for a time, the Company is on an upswing; and has learned that Zoom learning works. Embracing remote learning can improve opportunities to increase enrollment while managing overhead. Seeking new avenues to market the business and being consistent with current marketing would be beneficial. Outreach to private schools and offering free testing could be a path to brand expansion and new means of identifying students that need more attention to be successful.
Reason for Selling:
The Sellers wish to return to private practice.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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