Children's Educational Franchise - $95K OBO For Sale
Listing: # 8342
Price: $ 95,000
Location: SW Houston
Listing Profile
Classification: |
Service Business |
Purchase Price: | $95,000 |
Real Estate Price: | $0 |
Working Capital: | $0 |
Total Investment: | $95,000 |
Down Payment Required: | $95,000 |
Gross Revenue: | $3277,075 |
Discretionary Earnings: | $59,096 |
Imputed Rent: | $0 |
Total Cash Flow: | $0 |
Description and Operations
Established Date: | 2019 |
Monthly Rent: | $6419 |
Reason for Sale: | Family / personal reasons |
Employees(Full): | 0 |
Employees(P/T): | 8 |
Reason for Sale:
Family / personal reasons
Description:
Motivated Seller for a quick close! Bring an offer! Recurring revenues! Profitable and unique, this children’s educational franchise located in a Ft. Bend county upscale suburb, provides year-round coding and other STEM instruction in a warm, friendly, fun setting to kids ages 5-18 yrs. old. They also provide camps and birthday parties, as well as online learning in both class and individual tutoring formats. Excluding camps and birthday parties, the standard operating week during the school year is less than 20 hours/wk and owner is semi-absentee providing only guidance to Center Director. Located in a high-income area near SW Houston this business attracts affluent families that are more than happy to pay for premium services on a repeat basis. The business also attracts neighborhood student employees that are both qualified and popular with the customers. Current limited operating hours are a strong plus for owners but offer the option to extend service offerings and increase revenues. They currently offer classes through classroom and some online. Subscription revenue makes up a strong percentage of total revenue and has been trending upward with increased average enrollments per year. Over 2500 leads are in the business database. Unlike many other after-school activities, like sports, dance, etc., any child with interest can participate, at any time of the year. No special requirements, team membership, uniforms, computers/equipment, prerequisites, or skills are required. It is easy to join. There is a program for most every age, aptitude, interest, and schedule. Franchise has 100’s of locations throughout the US, Canada and the UK. Buyer to pay $5K franchise transfer fee and complete 50 hours of training In Houston and online before closing. Royalties will be 7% with 2.25% to Brand Marketing Development Fund.
Contact Marcia Bowron