Seller's Contact Information
- RE: Math Children's Learning Franchise
- Contact: Tony Keane
Quick Facts
Asking Price: | $95,000 | |
Annual Revenue: | $130,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $150,000 | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | 5 | |
BBN Listing #: | 716644107 | |
Broker Reference #: | 76931-194038 |
Business Overview:
National Franchised Math Learning with established management team and customers. Customers are treated with the utmost respect and will receive nothing less than first-class service. Staff members do their best to ensure engagement with clients exceeds their expectations. Business offers students tutoring focused on Math to assist with current classes or passing standardized tests. This business has recurring revenues monthly. Revenues for 2023 Annualized (July YTD) $130k. Currently there is a director plus 4 PT instructors operating the center. Monthly, rent is approximately $5,056 (NNN) for 1,300 square feet. Bring your energy to expand this business, take advantage of this opportunity. Sales include FF&E, Leasehold Improvements and Franchise Fee. The Franchise Transfer Fee is $6,000. Initial start-up costs for this type of franchise range from $113,000 to $149,000 including $49,000 franchise fee. This priced as a new start-up but includes existing customer base, ongoing revenue, and staff. This is a great deal.
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Property Features and Assets:
Monthly Rent: $4,500.00 Square Units (Foot, Meter): 1,300 Lease Expiration Date: May 30, 2023, 10:00:00 PM Terms Options: 5 Year Renewal Option FF&E Overview: Classroom and office furniture plus equipment FF&E General Condition: Well maintained Facilities:Strip Retail Center
Market Competition and Expansion:
Longevity and Brand recognition will probably bring the biggest growth opportunity over the next couple of years. The inconsistency of classroom learning due to the pandemic continues to create a bigger need for these types of services. Longer planning to create summer programs. External factors that will contribute to growth? o Growing economy o Territory has high population growth o Positive Industry Trends o Growth in Home Learning What are the internal factors that will contribute to growth? o Hiring additional Instructors
Reason for Selling:
personal
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
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