Owner-absentee Franchise Learning Center

Not Disclosed, TX
Harris County

East Houston


Asking Price: Annual Revenue:
$1,100,000 $966,442

Services: Education & Training


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RE: Owner-absentee Franchise Learning Center Broker: Moon Kim
License #: 567204

Quick Facts

Asking Price: $1,100,000
Annual Revenue: $966,442
Net Profit: Not Disclosed
Cash Flow: $439,820
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 2007
Employees: 26
BBN Listing #: 584319188
Broker Reference #: 001157

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Business Overview:

A franchise educational learning center with rapidly growing sales in East Houston is available for acquisition. Situated in a diverse area of numerous retail businesses and neighborhoods that drive immense traffic to this retail strip center. Within the confines of this 1,391 SF retail strip center space, this learning center thrives under the current market as the convenience of this location as well as the growing population is expediting the growth trend.

Sales were steadily increasing since the inception of this business from 2007 to 2019. After the brand new renovations that were done in 2019, the business has rapid growth in the triple digits and is projected to grow even further in 2022. Management of the daily operations by the current directors and back-office activities done by the owners synergized to create this upward growth.

Marketing from corporate will always bring a consistent stream of customers to this business, but full-time owner involvement in the operation to market this business's services to the local area are needed to grow to the next level. The owner currently operates this business as an owner-absentee and the new potential buyer can also reap the benefits the current business has by following the footsteps of the current owner.

This is a great opportunity to acquire a national franchise educational learning center poised for tremendous future growth. Potential buyers can expect to reap the benefits of a long-lasting business that will continue to flourish.

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Property Features and Assets:

This business is located in a well-positioned retail strip center that has a large market for educational learning centers for students. At the end of 2019, the premises were completely renovated and efficiently downsized to their optimal size of 1,391 SF which has as a result put the size of this center comparable with the average size of other peer centers. In addition, a brand new A/C unit was installed in 2019 as well. / Inventory: $1,500 (Included in listed price).

Market Competition and Expansion:

Competition: Few competitors are within the immediate market area, but this franchise is the only specialized learning center that has a diverse range of services with customized tutoring for each individual customer. / Growth and Expansion: Sales of this business have explosively grown in the last several years through active marketing and positive changes made to the operation. The current operation is run as an owner-absentee business and can grow even further if a potential buyer becomes more involved as an owner-operator.

Reason for Selling:

Other Business opportunities

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.

Documents:

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