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- RE: World Class Brand Offering Superior K-12 Education
- Contact: David Chebalo
Quick Facts
| Asking Price: | $95,000 | |
| Annual Revenue: | $208,549 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $36,906 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $7,300 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2015 | |
| Employees: | 5 | |
| BBN Listing #: | 1008427 | |
| Broker Reference #: | 2007-19371 |
Business Overview:
The operation is supported by one full time employee and four part time team members, requiring minimal day to day involvement from the owner. A new owner who is more hands on would be well positioned to drive additional growth and performance. The franchise itself is highly regarded and provides comprehensive training, proven systems, and ongoing support. The current owner is also committed to assisting with the transition to ensure a smooth and successful handoff. In addition, growth over the last six months of last year and into this year has been extremely promising and exciting. To that end the owner has done extensive work plotting the outcome of this year. This year’s projection makes up the financial reporting here for this opportunity.
Contact the Seller:
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Property Features and Assets:
This 1,400 square foot facility is located in a heavily trafficked area on a major throughfare in a primary city in South Hampton Roads. The current lease is $3,200 per month.
Assets = $7,675
Market Competition and Expansion:
There is significant potential for continued growth in student enrollment. Since acquiring the center, which has been operating since the mid 2010s, ownership has increased enrollment from a low point of 38 students to 72 students. Given the strong school aged population in the surrounding area and the continued demand for supplemental math education, enrollment exceeding 100 students is well within reach for an engaged owner operator who actively markets the program and builds relationships with local schools and families.
Reason for Selling:
Unable to devote the time and attention necessary. Kindly ask the seller for more information.
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
Relevant Links:
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