For Sale Mathnasium Learning Center

Yukon, OK (Canadian County)

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Asking Price: $140,000

Cash Flow: $40,000

Gross Revenue: $118,700

EBITDA: N/A

FF&E: $2,500

Inventory: N/A

Rent: $3,700 /Month

Established: 2017

For Sale Mathnasium Learning Center

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Business Description

Selling Growing Established Business

This location has grown 100% in the last year and is joined by 900 locations across the nation to provide supplemental math education to children ages 1st thru 12th grade. A deep math background is not required to be successful but a passion to help people goes a long way.

Located on I-40 between Yukon and Mustang Oklahoma these communities are the new up and coming affluent areas of the Oklahoma City metro. New high end housing communities are under construction within miles, new schools are opening, new high traffic retail is under construction in our complex, and a new expressway is under construction that will link downtown Mustang (the most affluent community) to the center.

The owner of this franchise love working with kids and seeing the "ah hah" moments when they get those concepts that will make their life easier. Unfortunately, their spouse got a dream job in California with a company to whom you just don't say no.

Mathnasium is a proven franchise that help students improve their math skills. The owner has done the hard work of building relationships with the community, schools, and building out the space. Mathnasium provides a system that will walk you through every step in helping your students. All you have to do is come in and do the fun part!

Detailed Information

Location:
Yukon, OK
Real Estate:
Leased
Building SF:
1,600
Lease Expiration:
5/30/2022
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
20 tables, 60 chairs, 4 bookcases, 2 desks, 2 prize cabinets, inventory, supplies, computer, printers, file cabinet, & wrapped car.
Competition:
Neighbors - nail salon, dental office, Academy, 5 Below, Ulta Beauty, coffee shop. Building center is 2 years old, facilities are like new. Rumored to have a Chuck E Cheese as a neighbor. This is a growing location next to 2 major suburbs and reach 6 cities on the western side of OKC. Visible from major interstate & high traffic shopping center.
Growth & Expansion:
This business still has the potential to grow in terms of customer base. Currently has around 75 students, but the center could easily be grown to over 120 students.
Financing:
Owners financed through Happy State Bank. We can make an introduction
Support & Training:
Will provide 1 month of in house assistance, as well as 2 months of phone assistance.
Reason for Selling:
Relocation of owner to California
Franchise:
This business is an established franchise
Business Website:
http://mathnasium.com/yukon
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Business Listed By:
Michael Haxton

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