10+ Hours Week Educational Learning Company

Cook County, IL

Seller Financing Available
10+ Hours Week Educational Learning Company
Contact Seller

Asking Price: $185,000

Cash Flow: $93,031

Gross Revenue: $171,293

EBITDA: N/A

FF&E: N/A

Inventory: $60,000

Established: 2014

10+ Hours Week Educational Learning Company

Save Print Share Valuation Report

Business Description

Turnkey Educational Opportunity - Excellent position for growth

Looking for a fun and fulfilling children's education business? This high performing provider of computer enrichment programs for children & adults could be the company for you. It was once part of a national franchise but became independent about a year ago. Current owners devote 10 hours a week to business.

The Company allows an owner to provide innovative programs to both public and private schools, park districts, and Pre-k/Kindergarten childcare centers within its defined territory. Currently, the business has 48 active programs with an enrollment of over 500 children per session (fall, winter/spring, summer) – around 1800 children annually. The Company has established partnerships with many schools, park districts, and childcare centers and expanded its on-site after school and Park District program sites in several communities in the Northern Chicago suburbs.

Its revenues match its expenses as teachers are only paid when programs run and only four children per class are needed to break even based on teacher salary/taxes. The Company's average enrollment per class has grown steadily year over year and will continue to grow as long as a new buyer keeps the current systems in place.

The Company is a home based business and the financials have no lease expense for the business.

Detailed Information

Location:
Cook County, IL
Inventory:
Included in asking price
Employees:
13
Facilities:
The Company is a Home Based Business with its programs all held off site (Home Based)
Competition:
The Seller has expanded the business by calling on area childcare centers, park districts and schools in need of programs designed by the original franchisor. Since the business became an independent entity, the sellers have been able to design their own custom programs. The sales process for the Company involves first determining who manages after-school programs at schools/youth programs at park districts and reaching out accordingly. Selling into schools involves securing meetings with asst. principals and/or directors. The seller estimates 30% of her day is focused on sales & marketing.
Growth & Expansion:
As technology continues to expand, parents are interested in programs which allow their children to pursue their technology interests but in a social, learning based environment. Schools are interested in “in-house” field trips which bring an outside-in perspective without children and teachers having to actually leave school – safer and less expensive. Additional areas of potential include; In-house field trips at elementary and middle schools, keyboarding & mouse skills programs for kindergarten/pre-K as schools move to MAP testing for kindergarteners, Integrated Technology Resource Program (ITRP): working with schools to license/teach their technology programs, adult programs geared toward the 55+ market, professional development for teachers, and birthday parties.
Financing:
20000
Support & Training:
Mutually agreed upon training and transition
Reason for Selling:
Other business interests
Home-Based:
This business is Home-Based
Business Website:
http://www.playbookadvisory.com
Contact Seller

Contact the Seller

Contact Seller Loading

Jim Peddle

Business Listed By:
Jim Peddle

Playbook Corporate Advisory, Inc.

Show Phone Number

View My Listings

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1670323 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Mathnasium

Franchise Opportunity
Cash Required: 112750