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Gymboree Play & Music Hillsborough, NJ

Hillsborough, NJ (Somerset County)

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Asking Price: $150,000

Cash Flow: N/A

Gross Revenue: $220,000

EBITDA: N/A

FF&E: $50,000

Inventory: $1,500*

Rent: $3,500 /Month

Established: 1990

*not included in asking price.

Gymboree Play & Music Hillsborough, NJ

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Business Description

Be a Part of the Orginal Mommy & Me programing that started it all.

Gymboree Play & Music has been doing this for 40 plus years and they are just getting started to foster creativity and confidence in children ages 0-5 years. Today there are over 700 locations in 40+ countries, making them the global leader in early childhood development programs.

Designed by experts in both education and in play, the age-appropriate activities help develop the cognitive, physical and social skills of children as they play. The programs are also recognized for their unique approach to parent involvement—which encourages participation in and understanding of each child’s development. All of which is sited in early childhood developmental research as being key factors in children's success in the future.

Gymboree classes are designed to grow with your child and their ever changing development needs. The class curriculum is developed by experienced child development program directors and incorporates a balanced whole-child approach with activities to support what each child is mastering right now and what he or she will aspire to later. Classes are designed in 6-month increments to continue to meet a child’s growing interests and abilities.

The play centers were created just for kids, from the ground up. Gymboree provides an environment where children are free to move, play and explore safely. The proprietary equipment was designed by Jay Beckwith, a nationally respected playground designer with more than 30 years of experience, who created every structure with the needs of children in mind. Our play environments are designed to deliver the high-quality standard parents expect for their children.

When you purchase a Gymboree Play & Music Franchise you are buying into an established Franchisee opportunity. From training to marketing to new ideas a local franchisee will be support not only by the home office staff by our local franchisee owners throughout NJ, which we collaborate weekly to build our brand within New Jersey. As an owner you will receive as much support or as little support as you need to be successful in your new venture.

It is an exciting time to purchase a Gymboree Play & Music Franchisee as new leadership of the company is bringing fresh updates to programming, membership structures and marketing. The Hillsborough NJ location has a been a part of the community for over 25 years and we are now experiencing many applications for teachers who once participated as children in our programs. Gymboree in Hillsborough is not only popular but it is tradition. And you can be a part of that tradition.

Gymboree Play & Music of Hillsborough is open 7 days a week with mommy & me style programming (Dads, Grandparents, & Nannys are included now too) as well as a number of successful Preschool programs that parents are able to drop off and let their children work independently with teachers.

While the over the past 5 years the Gymboree in Hillsborough has seen much growth there is still more growth to strive for with fresh leadership and new ideas that a new owner brings to the table.

Visit our Facebook page to view videos and pictures of classes in action as well as community reviews of our programming.

Detailed Information

Location:
Hillsborough, NJ
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,695
Lease Expiration:
10/31/2021
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Fully equipped 2695 sq ft facility. Equipment, furniture, fixtures, class props and supplies are included in the sale. Site location is on busy Route 206, the main road in Hillsborough and used by many of the neighboring towns. In the shopping center is Wendy's, Planet Fitness, Dollar Tree, Tractor Supply, Zumba, Top Line Nails, Pizza Brothers, Salon Envy and more.
Competition:
While many independent children's play facilities have tried to emulate Gymboree rarely are they considered competition as they just do not have the educational background in their programming and lesson plans that make their classes stand out above the rest like a Gymboree class does. As each competitor joins the area we see parents who "try" out a class, and we quickly see them return as they realize Gymboree is not only the original but Gymboree is the best.
Growth & Expansion:
With a local owner or manager on site the growth potential is available to double in size. Late afternoon and early evening classes have been requested but do to the owners personal circumstances we haven't opened these classes. Gymboree has also been contacted to provide "On the Go" programming to local day care facilities which we have not entertained due to the current owners personal situation. More marketing in Birthday parties is another area for growth. More Preschool Drop off programming. Art classes and Music classes.
Support & Training:
10 day franchisee training is required of new buyers. Owner is available for consultation/training/support post sale.
Reason for Selling:
Family reasons and relocation out of area
Franchise:
This business is an established franchise
Business Website:
http://www.gymboreeclasses.com/en/locations/NJ/Hillsborough/
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Business Listed By:
Liz Clark

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