Businesses For Sale

Description:
Recurring revenues! Profitable and unique, this children’s educational franchise located in a SW Houston 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 one-day 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 parent contacts in the 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. 6.5% Royalty + 2.25% Brand Marketing Development Fund.