Business Overview

This early childhood enrichment center has been in business since early 2020. The business made it through the pandemic and in 2021 will exceed $300,000 in gross revenue, plus positive net income.

The sellers are moving out of the country and do not think they can manage the operation overseas.

This is a great opportunity to take on a growing and thriving business with a unique offering in the market. It is the first franchise of it’s kind in the West Houston market and the clientele love it. Located in the middle of kid rich neighborhoods and up and coming town.

With programs ranging from classes for 3 months to 5 years and many other revenue streams. Membership Based Revenue Model!

You have a long term client base and the ability service many.

Financial

  • Asking Price: $170,000
  • Cash Flow: $13,770
  • Gross Revenue: $298,927
  • EBITDA: N/A
  • FF&E: $40,000
  • Inventory: $3,000
  • Inventory Included: N/A
  • Established: 2020

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:5
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Over $210,000 spent on build out for this amazing facilty.

Is Support & Training Included:

2 weeks of training will be provided by the seller and is included in the sales price. The franchisor will also provide initial onboarding support and new franchisee training to the buyer.

Purpose For Selling:

Moving out of country.

Pros and Cons:

Very little to no competition in the market currently.

Opportunities and Growth:

There are numerous ways to grow this business. Being the first of its kind in the community and very new. The seller believes just continually increasing membership will make all of the difference.

Established Franchise:

This Business Is An Established Franchise

Additional Info

The company was founded in 2020, making the business 2 years old.
The transaction shall not include inventory valued at $3,000*, which ins't included in the requested price.

Why is the Current Owner Selling The Business?

There are all kinds of reasons people choose to sell operating businesses. Nevertheless, the real factor and the one they tell you might be 2 absolutely different things. As an example, they may state "I have too many various obligations" or "I am retiring". For numerous sellers, these factors are valid. But, for some, these may just be reasons to try to conceal the reality of changing demographics, increased competitors, recent decrease in incomes, or a range of various other reasons. This is why it is really vital that you not count entirely on a vendor's word, but rather, use the seller's solution in conjunction with your total due diligence. This will repaint a much more sensible picture of the business's existing situation.

Existing Debts and Future Obligations

If the existing business is in debt, which many companies are, then you will certainly have reason to consider this when valuating/preparing your offer. Lots of operating businesses finance loans so as to cover points like supplies, payroll, accounts payable, etc. Bear in mind that in some cases this can suggest that revenue margins are too tight. Lots of companies come under a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may additionally be future commitments to think about. There might be an outstanding lease on tools or the structure where the business resides. The business may have existing contracts with vendors that should be satisfied or might cause penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Just how do businesses in the location attract new consumers? Many times, operating businesses have repeat consumers, which develop the core of their everyday profits. Specific aspects such as new competition sprouting up around the area, roadway construction, as well as personnel turn over can impact repeat consumers as well as negatively influence future incomes. One essential point to take into consideration is the placement of the business. Is it in a very trafficked shopping center, or is it concealed from the highway? Undoubtedly, the more individuals that see the business often, the higher the opportunity to build a returning consumer base. A final idea is the basic location demographics. Is the business placed in a largely inhabited city, or is it situated on the outskirts of town? How might the local average home earnings effect future income prospects?