Business Overview

Whoever thought you could own a school? This business has been making waves for over a decade, and still operates in the owner’s absence. This business has platinum 5-star reviews, and some of their students have been there for over 8 years, receiving advanced instruction that supplements the curriculum that they are currently studying in primary school.
This particular establishment received national recognition and awards for its great service.

Instructors and students will stay on for new owner!

Owners own multiple education establishments in different cities, and are looking to transition this business for the right owner.

Financial

  • Asking Price: $135,000
  • Cash Flow: $67,526
  • Gross Revenue: $179,449
  • EBITDA: N/A
  • FF&E: $5,000
  • Inventory: $5,000
  • Inventory Included: N/A
  • Established: 2012

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:1,578
  • Lot Size:N/A
  • Total Number of Employees:4
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Two-story strip mall

Is Support & Training Included:

Current Owner's will instruct buyers at no cost for 2 weeks following acquisition.

Purpose For Selling:

The sellers have numerous education facilities in other facilities

Pros and Cons:

There is hardly any competition in this space, outside of after school programs and home-based tutors, which are doing things on a much smaller scale.

Opportunities and Growth:

The current owners hardly invest anything on marketing, and rely solely on word-of-mouth (which has been great for business). But new owner can invest even more on SEO and partner with local schools and teachers to supplement there training.

Established Franchise:

This Business Is An Established Franchise

Additional Info

The business was established in 2012, making the business 10 years old.
The deal shall not include inventory valued at $5,000*, which ins't included in the suggested price.

The business has 4 employees and resides in a building with disclosed square footage of 1,578 sq ft.
The building is leased by the business for $3,749 per Month

Why is the Current Owner Selling The Business?

There are all sorts of reasons why people resolve to sell businesses. Nonetheless, the real reason vs the one they tell you might be 2 completely different things. For instance, they might claim "I have a lot of other obligations" or "I am retiring". For numerous sellers, these reasons are valid. But, for some, these might just be reasons to try to hide the reality of altering demographics, increased competitors, recent decrease in profits, or a range of various other factors. This is why it is extremely essential that you not count entirely on a vendor's word, however instead, make use of the vendor's answer together with your total due diligence. This will repaint a much more reasonable image of the business's present circumstance.

Existing Debts and Future Obligations

If the current business is in debt, which numerous companies are, then you will certainly have reason to consider this when valuating/preparing your offer. Numerous businesses finance loans in order to cover things such as inventory, payroll, accounts payable, so on and so forth. Bear in mind that occasionally this can suggest that profit margins are too tight. Lots of companies come under a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may also be future commitments to think about. There might be an outstanding lease on tools or the building where the business resides. The business may have existing contracts with suppliers that must be satisfied or may result in fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do operating businesses in the area bring in new customers? Often times, operating businesses have repeat clients, which form the core of their daily revenues. Certain aspects such as new competitors sprouting up around the area, roadway building, as well as staff turnover can impact repeat customers and adversely affect future revenues. One crucial thing to take into consideration is the location of the business. Is it in a highly trafficked shopping mall, or is it hidden from the main road? Undoubtedly, the more individuals that see the business regularly, the greater the opportunity to develop a returning consumer base. A final idea is the general area demographics. Is the business located in a largely populated city, or is it located on the outside border of town? Exactly how might the neighborhood average household earnings effect future earnings potential?