Successful After School Program

Houston, TX (Harris County)

Successful After School Program

Asking Price:$89,000

Cash Flow:N/A

Gross Revenue:N/A

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:2006

Successful After School Program

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Business Description

Kumon is the world's largest and most successful after-school math and reading program for children. This Kumon center is located in the heart of the Heights very close to Loop 610 and the Garden Oaks and Oak Forest communities. The community is rapidly growing, as evidenced by two new high-end grocery stores planned for the area in addition to plenty of commercial and residential construction. This center has been in operation for ten years and has an established reputation in the community.

Kumon is a combination of a home-based and center-based program. Kumon students study at the center two days per week and at home the other five days per week. Kumon centers attract both students looking to get ahead and those struggling in school. They also attract preschool aged students who want to get a head start on math and reading.

Kumon franchisees are expected to devote themselves full-time to the operation of the business, and the franchise model is owner-operator only.

This is a wonderful opportunity for someone who deeply desires to make a positive contribution to the education of young people in our community. The impact Kumon franchisees make on their students is the heart of this business.

Detailed Information

Employees:
5
Facilities:
The center is located in a 1750 square foot two unit strip center owned by the current franchisee. The purchaser will have the option to lease the current space from the owner at a reasonable rate to be discussed as part of sales agreement. The purchaser will also have the option of relocating the center to another retail space in the near vicinity with approval from the franchisor. The sale includes all furniture, fixtures, and equipment needed to continue the operation of the center.
Competition:
Currently the center draws from a wide geographic area as there are very few competitors in the vicinity.
Growth & Expansion:
The ample retail space is enough to grow the center's enrollment substantially.
Support & Training:
The franchisor provides significant support and training. The franchisor requires the purchaser to travel to New Jersey to attend start-up training at Kumon University. In addition, the center's current ownership will assist with the transition as much as possible dependent upon timeline of takeover.
Reason for Selling:
Franchisee wants to pursue other business interests.
Franchise:
This business is an established franchise

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Business Listed By:
Anni Pi

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