Description

This is truly a great opportunity to buy a long-established (over 12-years in the same area) leading international children’s educational franchise location in prime area of Brooklyn with a highly diverse demographic and growing population of parents seeking the best educational programs for their children.
The business consists of two independent premium franchises uniquely co-located in one center that compliments educational needs of students of all ages (preK – 9th Grades). The location in Brooklyn is fully operational with a fully trained staff, technology, curriculum and a large loyal following of clients established over 12-years. This business for sale is currently absentee operated as the owner has other commitments and is unable to devote the necessary hands-on operational management to take the business to the next level of growth. The current owner has a below market lease at an attractive rent. As an owner operated business for the new buyer, this is a rare opportunity to buy a multi-unit leading co-branded premium franchise operation. The franchises represent the best combination of (A) a leading researched-based enrichment education program for young children using the state-of-the-art technology is offered in over 50 countries (rated the top program in the tri-state area with over 16 locations) as well as perfectly combining with (B) one of the top academic tutoring programs in the world, providing Math, Reading and Writing for students of all ages. This is an ideal opportunity for former executives with sales and marketing experience or those with education background looking to manage their own operation. Business is currently absentee operated. Seller is asking for a price well below the set-up and build-out cost. Asking price is only $225K. Cost of franchise fee alone for both licenses is over $ 55K. This is a high margin business for owner-operator. The current cash flow of $100,000 ($50,000 cash flow & director’s salary of an additional $50,000 with benefits) is based on the owner-operator running the business without the absentee management. Make an offer! This deal will not last.

Financial Summary

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