Listing Number: 76931-521365
Description
National Franchised Math Learning Center with established management team and customers. Customers are treated with the utmost respect and will receive nothing less than first-class service. Staff members do their best to ensure engagement with clients exceeds their expectations. Business offers students supplemental learning focused on Math to assist with current classes or passing standardized tests. This business has monthly recurring revenues. Revenues for 2022 were $105K. Currently there are 4 PT instructors with one of them acting as the assistant director, operating the center. Monthly rent is fixed at $2,400 PLUS (NNN) for 1,200 square feet for the remainder of the lease. Bring your energy to expand this business and take advantage of this opportunity. Sale includes FF&E, Leasehold Improvements and Franchise Fee. There is a Franchise Transfer Fee of $6,000. Buyer will need to be approved by Franchisor and attend training program. Initial start-up costs for this type of franchise are about $149,000 including $49,000 franchise fee. Instead of starting brand new this business includes the existing customer base, ongoing revenue, and staff. This is a great deal to enter the children’s education business with a national franchise behind you.
Listing Details
- Price: $ 85,000
- Down Payment: $85,000
- Sellers Discretionary Earnings: $ 19,000
- Total Sales: $ 105,300
- Location: Harris County, Texas
- Inventory: $ 0
- FF&E: $ 15,000
- Employees: 4
- Year Established: 2018
- Reason for Selling: Personal
- Category: Educational/School
