Business Overview

TRANSWORLD BUSINESS ADVISORS OF HOUSTON. LISTING REF# 76931-443215

National Franchised STEAM Focused Childcare Center with established staff and customers. Science, Technology, Engineering, Arts and Mathematics, (STEAM) is the focus of professional educators in the US today. Our children need to be exposed to these concepts early to ignite the children’s passion to pursue STEAM based careers. This business exposes children through hands-on after school care programs, weekend birthday parties, kid events, and summer camps to STEAM based activities. The franchise system is growing rapidly as it creates a foundation of helping students achieve academic success and boost their confidence. The Franchisor is on the quest to find the best programs out there for children for age 4-14 years. What started with a rented space in the back of another business is now worldwide. The franchise is a true innovator in the STEAM educational space. The center offers camps, classes, workshops, and birthday experiences using coding, engineering, arts, science, 3D design, augmented reality, and other innovative subjects. This business has recurring monthly revenues.
The Franchise System is on the quest to find the best programs out there for children for age 4-14 years. What started with a rented space in the back of another business is now worldwide. The Franchise is a true innovator in the STEAM educational space. The franchise offers camps, classes, workshops, and birthday experiences using coding, engineering, arts, science, 3D design, augmented reality, and other innovative subjects. The franchise proof of concept started in 2011.

Excellent potential to grow.

Center less than five years old.

Financial

  • Asking Price: $175,000
  • Cash Flow: $26,000
  • Gross Revenue: $160,000
  • EBITDA: N/A
  • FF&E: $12,000
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: N/A

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:2,200
  • Lot Size:N/A
  • Total Number of Employees:5
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

2 weeks

Purpose For Selling:

possible relocation

Additional Info

The company has 5 employees and resides in a building with estimated square footage of 2,200 sq ft.
The real estate is leased by the business for $7,070.50 per Month

Why is the Current Owner Selling The Business?

There are all sorts of reasons people choose to sell businesses. Nevertheless, the real reason and the one they tell you may be 2 entirely different things. For instance, they may state "I have way too many various commitments" or "I am retiring". For many sellers, these factors are valid. But, for some, these might just be excuses to try to hide the reality of changing demographics, increased competitors, current reduction in earnings, or a range of various other reasons. This is why it is very essential that you not rely totally on a vendor's word, but rather, use the vendor's solution together with your general due diligence. This will paint a more sensible picture of the business's existing circumstance.

Existing Debts and Future Obligations

If the current entity is in debt, which many businesses are, then you will certainly have reason to consider this when valuating/preparing your offer. Many businesses borrow money in order to cover items like inventory, payroll, accounts payable, so on and so forth. Bear in mind that in some cases this can indicate that revenue margins are too tight. Numerous organisations fall into a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may likewise be future obligations to think about. There might be an outstanding lease on equipment or the building where the business resides. The business might have existing agreements with vendors that have to be fulfilled or may lead to fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do operating businesses in the location attract new customers? Many times, operating businesses have repeat customers, which form the core of their everyday earnings. Specific variables such as new competition growing up around the location, road building and construction, as well as staff turn over can influence repeat customers and also negatively influence future profits. One vital point to think about is the area of the business. Is it in a very trafficked shopping mall, or is it hidden from the highway? Obviously, the more individuals that see the business often, the higher the possibility to construct a returning customer base. A final idea is the general location demographics. Is the business placed in a densely inhabited city, or is it located on the outskirts of town? How might the neighborhood median house income impact future revenue prospects?