Listing Number: 76931-443215
Description
Franchised STEAM Focused Learning Center with established staff and customers. Science, Technology, Engineering, Arts and Mathematics, (STEAM) is the focus of professional educators in the US today. Our children need to be exposed to these concepts early to ignite the children’s passion to pursue STEAM based careers. This business exposes children through hands-on after school care programs, weekend birthday parties, kid events, and summer camps to STEAM based activities. The franchise system is growing rapidly as it creates a foundation of helping students achieve academic success and boost their confidence. The Franchisor is on the quest to find the best programs out there for children for age 4-14 years. What started with a rented space in the back of another business is now worldwide. The franchise is a true innovator in the STEAM educational space. The center offers camps, classes, workshops, and birthday experiences using coding, engineering, arts, science, 3D design, augmented reality, and other innovative subjects.
This business has recurring monthly revenues. Revenues for 2023 are projected at $227K up from 2022 $185K. Seller Discretionary Earnings (SDE) for 2023 is projected to be $36K. Currently there is a director plus 5 PT staff operating the center. Monthly rent is approximately $7,100 (NNN) for 2,200 square feet. Bring your energy to expand this business and make a difference in children’s lives. Sale includes FF&E, 2 Ford E350 Van’s, and Leasehold Improvements, ($102,000 original net cost after tenant improvement allowance) plus $70,000 Franchise Fee (Two Territories). Franchise Transfer Fee is $8,875, (Based on Franchise Fee of $35,500). Initial start-up costs for this type of franchise range from $150,000 to $365,000 including $35,500 franchise fee. The business is priced as a new start-up but includes existing customer base, ongoing revenue, profits, and staff. This is a great deal!
Listing Details
- Price: $ 99,900
- Down Payment: $99,900
- Sellers Discretionary Earnings: $ 36,000
- Total Sales: $ 227,000
- Location: Fort Bend County, Texas
- Inventory: $ 0
- FF&E: $ 26,000
- Employees: 6
- Reason for Selling: Relocation
- Category: Educational/School
