PROFITABLE Franchise Learning Center

Not Disclosed, IL Lake County

Asking Price: $300,000

Annual Revenue: $456,000

Services: Children - Child Care, Education

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RE: PROFITABLE Franchise Learning Center
Contact: Matt Friscia

Quick Facts

	Asking Price:	$300,000
	Annual Revenue:	$456,000
	Net Profit:	Not Disclosed
	Cash Flow:	$111,375
	Total Debt:	Not Disclosed
	FF&E:	$20,000
	Real Estate:	Not Disclosed
	Year Established:	2008
	Employees:	24
	BBN Listing #:	367262804
	Broker Reference #:	041621-401818

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Business Overview:

PROFITABLE franchise learning center in far north suburbs

The business comes with 10+ years of history that is profitable with a lot of opportunity to still grow. Their strong name within the educational tutoring and exam prep space is support by a thriving and very active co-op advertising group among the Chicagoland franchisees. Public funds make up over 10% of the center's revenue from the schools within the trade area of this location. The business continues to hold its value with a name that is at the top of the field. The current owner only works 30 hours a week and is willing to stay on part-time as part of the transition. There are strong employees that have been with the business for awhile. Be it center group learning, exam prep, subject tutoring, or school related programs tied to government funds, there are many diversified revenue streams for this business. Call today to learn more about this well priced deal. The current cost just to open a new franchise for this brand without any students or staff is between $150k and $275k. This business comes with 14 years of history and a good staff! Inquire within for more information.

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Property Features and Assets:

Monthly Rent: $3,100.00

Square Units (Foot, Meter): 2,400

Lease Expiration Date: December 31, 2023, 12:00:00 AM

Terms Options: option to extend for 5 years

Market Competition and Expansion:

Expansion: Seemingly limitless if promoted properly while also going after more potential business with nearby schools, public funding, and usage of the franchise marketing systems that are only partially in place currently.

Reason for Selling:

Moving on to other, current 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

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