Business Overview

This well-respected learning center has a unique and hands-on program that helps children and adults reach
their full potential and has an excellent national brand reputation. One of 2 locations across the Metro owned
by the seller, this location is in Tualatin. This is a non-medical program that achieves amazing results! The
program provides individualized sensory & motor activities, cognitive skill training & a nutrition program.
Families attend the center and have a home-based program to follow to ensure consistent progress. Virtual
programs are now available as well to make the program available to all. Their proven process includes
comprehensive evaluations, individualized instruction, and customized programs that focus on getting to the
root of the participant’s issues and help them reach their full potential. The owner does not need an
educational background. We valued the business based on the costs of starting and building out a franchise
location. The Business comes with a 2700 square foot center with a new, beautiful build-out. It comes with
all of the furniture and fixtures needed as well as the equipment specific to the program. It also includes the
franchise license and software licenses as well as trained staff, currently enrolled clients and an extensive
database of leads.
The current owners have several franchises across several states. They acquired 2 Portland area centers
in 2018 with one more to be developed. They started purchasing the centers because the program
changed the lives of their two sons, and they wanted to help other families. They helped develop many of
the processes, protocols, programs, and marketing for the home office. The business is well positioned for
further growth, as there is one location that can be developed in a location of the new owner’s choice. This
location flourished in 2019 and prior to the shutdown.
There is some competition from other similar programs; however, not many of these programs operate in
Oregon. This franchise has historically outperformed its competition in this sector and has a strong referral
network of families whose children have benefitted from these programs. There is one other location in town
owned by the seller that is also for sale.
As the Metro area re-opens from the pandemic and more parents go back to work in person, demand is
going to surge for after school programs provided by businesses such as this that provide education and
cognitive growth to their young clients. There is also an optional license for $65k to build another location
available from the seller. The 2nd location is also available to purchase.

Financial

  • Asking Price: $400,000
  • Cash Flow: N/A
  • Gross Revenue: $103,969
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: N/A
Purpose For Selling:

change of lifestyle

Additional Info

The property is leased by the company for $7,669 per Month

Why is the Current Owner Selling The Business?

There are all sorts of reasons people resolve to sell operating businesses. Nevertheless, the real factor and the one they tell you might be 2 absolutely different things. For instance, they might say "I have way too many other responsibilities" or "I am retiring". For numerous sellers, these reasons are valid. However, for some, these might simply be excuses to try to hide the reality of altering demographics, increased competition, recent reduction in profits, or a variety of other factors. This is why it is extremely crucial that you not depend absolutely on a vendor's word, however rather, use the vendor's answer combined with your total due diligence. This will repaint a more practical image of the business's present scenario.

Existing Debts and Future Obligations

If the current business is in debt, which many businesses are, then you will have reason to consider this when valuating/preparing your offer. Many companies take out loans so as to cover things such as inventory, payroll, accounts payable, and so on. Remember that sometimes this can imply that earnings margins are too thin. Lots of organisations come under a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may likewise be future obligations to consider. There might be an outstanding lease on equipment or the building where the business resides. The business might have existing agreements with suppliers that must be fulfilled or may result in penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

How do businesses in the location bring in new consumers? Most times, businesses have repeat consumers, which develop the core of their daily profits. Certain factors such as new competition sprouting up around the area, roadway building, and also personnel turnover can impact repeat customers and also negatively affect future incomes. One vital thing to consider is the placement of the business. Is it in a highly trafficked shopping center, or is it hidden from the highway? Obviously, the more people that see the business regularly, the higher the opportunity to develop a returning client base. A final idea is the general area demographics. Is the business located in a densely populated city, or is it situated on the outside border of town? Exactly how might the regional typical home income effect future revenue potential?