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. With 2 locations across the Metro, in Portland and 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.
The current owners have several franchises across several states. They acquired the 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. . The price for the 3 locations is significantly less than the cost of opening a new location.
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.
The sale includes 2 locations one in Tualatin and in Portland. The 2 spaces are leased. One being $5985/m and 2400Sq Ft and the other being $7669/m and 2744Sq Ft. The sale also includes rights to develop a 3rd franchise location in the market.

Financial

  • Asking Price: $965,000
  • Cash Flow: N/A
  • Gross Revenue: $725,175
  • EBITDA: N/A
  • FF&E: $300,000
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2016

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
Purpose For Selling:

life changes

Additional Info

The venture was started in 2016, making the business 6 years old.

Why is the Current Owner Selling The Business?

There are all kinds of reasons people decide to sell companies. Nonetheless, the genuine factor and the one they say to you may be 2 absolutely different things. For instance, they might say "I have a lot of other commitments" or "I am retiring". For lots of sellers, these reasons stand. But, for some, these might just be reasons to attempt to conceal the reality of transforming demographics, increased competitors, recent reduction in profits, or an array of various other factors. This is why it is really essential that you not depend completely on a seller's word, yet rather, utilize the vendor's response combined with your overall due diligence. This will repaint an extra realistic image of the business's present situation.

Existing Debts and Future Obligations

If the existing business is in debt, which lots of businesses are, then you will certainly have reason to consider this when valuating/preparing your deal. Lots of businesses borrow money in order to cover items like inventory, payroll, accounts payable, etc. Bear in mind that in some cases this can imply that profit margins are too tight. Numerous organisations fall into a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may likewise be future commitments to think about. There might be an outstanding lease on equipment or the structure where the business resides. The business might have existing contracts with suppliers that should be met or might lead to penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

How do companies in the location attract brand-new consumers? Many times, businesses have repeat clients, which form the core of their everyday revenues. Particular elements such as new competition growing up around the area, road building and construction, as well as employee turnover can influence repeat consumers as well as negatively influence future profits. One essential point to think about is the area of the business. Is it in a highly trafficked shopping mall, or is it hidden from the main road? Undoubtedly, the more people that see the business on a regular basis, the higher the chance to build a returning consumer base. A final idea is the basic area demographics. Is the business placed in a largely inhabited city, or is it located on the outside border of town? Just how might the regional mean family income impact future income prospects?