NYC School Operates Absentee with 40% Net Margins

Manhattan, NY
New York County

NYC


Asking Price: Annual Revenue:
$1,500,000 $890,000

Services: Education & Training


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RE: NYC School Operates Absentee with 40% Net Margins Broker: Ken Stein

Quick Facts

Asking Price: $1,500,000
Annual Revenue: $890,000
Net Profit: Not Disclosed
Cash Flow: $380,000
Total Debt: Not Disclosed
FF&E: $200,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 10
BBN Listing #: 37384701
Broker Reference #: 13975

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Business Overview:

This professional 5 day a week education school has quickly risen to become the new standard in their sector. The owners have built a strong management team with the best in class processes to ensure continued success without being tied to the business, which is why they spend LESS than 10 hours at the school. With a low fixed-overhead and demand outstripping supply there is a strong opportunity to expand the physical footprint and the services offered. The owners built the business to operate WITHOUT their daily involvement, have an excellent reputation and are regularly SOLD OUT. Additionally there are tremendous growth opportunities for a more hands on involved owner. The new owner can offer additional classes, expand the schedule to include more weekend hours as well as expand the size of the facility. This business is HIGHLY profitable, earns over 40% net profit for the owners, has excellent books and records, AND operates almost ABSENTEE. This business is PRE-APPROVED for an SBA loan for qualified buyers!

Don’t miss your chance to buy this highly-profitable niche service education business with fantastic customer satisfaction ratings and a bright future ahead. If interested, please inquire about listing number 13975.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

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 not a franchise resale opportunity.

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