Listing Number: 041621-131690
Description
This business has been successfully run for 30+ years. There was an excellent center director in place and over 20 teachers. This specific location is one of the top franchisees within the franchise system billing between $800k-$1M annually. Years of hard work to establish the location within the community have been done while also partnering with local schools. The current owner is out of state and would like to transition this to an owner/operator that can be at the center a minimum of 10-20 hours a week. Great franchisor support with a brand that is well known in the market with a robust marketing co-op among franchisees. The location of this center is in an affluent area. Motivated seller for the offer and buyer! ONLY $25K DOWN to be able to take on this center with a stock sale. They current owners just want to move on to other endeavors as they have multiple businesses. Potential working capital involved can be discussed. The current owner only works 5 hours a week on this business out of state.
Listing Details
- Price: $ 680,000
- Down Payment: $25,000
- Sellers Discretionary Earnings: $ 112,876
- Total Sales: $ 860,270
- Location: Cook County, Illinois
- Inventory: $ 10,000
- FF&E: $ 40,000
- Employees: 29
- Year Established: 1990
- Reason for Selling: Owner pursuing other business ventures
- Category: Educational/School
