HiProfit Learning Educational(Multi-Brand)Franchis

Brooklyn, NY
Kings County

Asking Price: Annual Revenue:
$485,000 $410,000

Services: Children - Child Care, Education

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RE: HiProfit Learning Educational(Multi-Brand)Franchis Broker: Dave Nagar

Quick Facts

Asking Price: $485,000
Annual Revenue: $410,000
Net Profit: Not Disclosed
Cash Flow: $145,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 302843943
Broker Reference #: 1097535

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Business Overview:

Great kids business! The business consists of two independent franchises that are co-branded in one location to compliment educational needs of students of all ages. The location in Brooklyn is fully operational with a fully trained staff, technology, curriculum and a large loyal following of clients. This business for sale is currently semi-absentee operated as the owner has other commitments and is unable to devote the necessary hands-on operational management to take the business to the next level of growth. The current owner has at least a 50% below market lease (11-years remaining with a monthly rent of below $4,000 for 1,500 sq. ft. of prime retail space) that could be assumed by the buyer of this business. As an owner operated business for the new buyer, this is a rare opportunity to buy a multi-unit leading co-branded premium franchise operation. The co-branded franchises represent the best combination of (A) 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 (B) 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 looking to manage their own operation.

Cost of franchise fee alone for both licenses is over $ 55,000 with an additional build-out cost exceeding $150,000. The educational facility has a brand new upscale look with a highly profitable history over the past 5-years.

This is a high margin business for owner-operator that’s ideal for corporate-moms, executives seeking to be in business for themselves, and educational professionals who are looking to transition into successful entrepreneurs.
Make an offer! This deal will not last.

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Property Features and Assets:

The current owner has at least a 50% below market lease (11-years remaining with a monthly rent of below $4,000 for 1,500 sq. ft. of prime retail space) that could be assumed.

Reason for Selling:

Semi 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.

Relevant Links:

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