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$1M Learning Center Franchise
Not Disclosed, IL
COOK County
Chicago Metro
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| Asking Price: | Annual Revenue: |
| $680,000 | $1,100,000 |
Services: Children - Child Care, Education
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RE: $1M Learning Center Franchise
Contact: Matt Friscia
Quick Facts
| Asking Price: | $680,000 | |
| Annual Revenue: | $1,100,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $202,435 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $40,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1990 | |
| Employees: | 29 | |
| BBN Listing #: | 492862804 | |
| Broker Reference #: | 041621-131690 |
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Business Overview:
This business has been successfully run for 30 years. There is an excellent center director in place and over 20 teachers. This specific location is one of the top franchisees within the franchise system. Years of hard work to establish the location within the community have been done while also partnering with local schools. Current owner is out of state and would like to transition this to an owner/operator that can be at the center a minimum of 10-20 hours a week. Great franchisor support with a brand that is well known in the market with a robust marketing co-op among franchisees. The location of this center is in an affluent area. Motivated seller for the offer and buyer!
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Property Features and Assets:
Monthly Rent: $7,343.00 Square Units (Foot, Meter): 3,147 Lease Expiration Date: October 1, 2032, 12:00:00 AM
Market Competition and Expansion:
There is tremendous potential with a local presence of someone that can work with the established staff to regain and maintain the higher revenue levels this center has achieved and beyond!
Reason for Selling:
Owner pursuing other business ventures
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
Relevant Links:
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