(Optional Opportunity to buy a 3 story 17,000 sq. ft. school building)
This is a UNIQUE opportunity to buy a highly profitable school with over 250 enrolled students in the prime area of Queens that has been in business for over 30-years. This is truly a special opportunity to own a fully licensed facility that operates in a 3-story modern building with state-of-the-art facilities, including playground, Smartboard equipped classrooms, preschool, afterschool programs that are funded 50% by the government and the remaining 50% of the students are private pay. The annual revenues are over $2.5 million with a cash flow of $465,000. The current owners are retiring and are willing to support the new buyers with training and operational support to run the business successfully in the future.
The school cares for children as young as 6 weeks old in its infant program, then they are graduated into the toddler program for the ages 2 year/24 months, after that these children participate in the prekindergarten program at the age of 4. In addition, the grade school program starts at Kindergarten and goes all the way up to 5th grade. Supplemental program options are available for parents for afterschool/homework help for existing grade school students as well as general population of students that come from the neighboring schools, serving the needs of students up to 7th grade. Summer Camp program for ages 5 through 12 years is provided during the 8 week program.
THE SCHOOL BUILDING
The current owners are willing to also negotiate the sale of the 3-story school building along with the sale of the day care/grade school with qualified buyers.
The building is approximately 17,000 sq. ft. and each floor is about 4,200 sq. ft. The backyard Playground is approx. 15'ft by 100'ft. The present floor plan encompasses 19 classrooms, 3 offices and a computer lab. Also, there are 6 child and 2 adult bathrooms.
This opportunity will not last long! Call Dave Nagar 917-929-6194.
Serving BROOKLYN, QUEENS, BRONX customers
BUSINESS FOR SALE - Children's Education
Purchase Price: $1,545,000 (firm and final).
$1,310,500 paid to Seller at closing, after adjustment and seller-financing offered.
Business Model: Kindergarten to Grade 12 Supplemental Education centers.
5-YEAR AVERAGE REVENUE = $3,531,575
5-YEAR AVERAGE NET INCOME = $557,306
5-YEAR AVERAGE NET INCOME = 15.8%
2014 REVENUE = $3,455,430
2014 NET INCOME = $515,537
2014 NET INCOME = 14.9%
Valuation/Purchase Price is a 3.0 multiple of 2014 Net Income.
* Steady revenues year-over-year.
15+ Years in Business.
Extensive training offered to new owner.
No education degree or certification required, but a passion for helping children learn is necessary.
Great Management and Staff in place.
Educational results far out-pace all competition.
- - - Serious inquiries only - - -
Queens County, NY
This is truly a golden opportunity to buy a well-established top international childrens educational franchises in Flushing, catering mainly to Chinese and Asian students . These two franchises are well known brands with a worldwide loyal customer following, especially in the New York area. As an owner operated business, this is a rare opportunity to buy a leading co-branded franchise operation. The co-branded franchises represent the best combination of (1) 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 (2) one of the top 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. We are looking for highly qualified and experienced franchisees in Flushing. This would be a great opportunity as a brand new facility or a great add on to existing preschools, daycare and after school centers to expand program offering. Please Call Dave Nagar 917-929-6194!
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