Industry Leading Learning Center in Somerset County town

Somerset County, NJ

Industry Leading Learning Center in Somerset County town
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Asking Price: Get Financing: $45,000

Cash Flow: $25,000

Gross Revenue: $130,000


FF&E: $30,000

Inventory: N/A

Lease Rate: $2,400 /SF/Month

Established: 2017

Industry Leading Learning Center in Somerset County town

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Business Description

Profitable Industry Leading Learning Center in Somerset County town - must sell

This is an amazing opportunity to own an established center owned by an ABSENTEE owner which is ripe to do nothing but grow. The price was just reduced - again - and it is a great opportunity. This industry leading learning center sits in one of the more populated towns in Somerset County less than a mile from a grammar school or high school. The current owner opened this location in late 2017 and owns another location in New York which he is growing very successfully. Due to an unforeseen change in family circumstances, the owner cannot spend time in NJ. The owner is virtually ABSENTEE from this location. He realizes that the best plan is to continue to offer this center at a discount to a qualified buyer. The location is generating cash flow but is ONLY open 6 hours a week – 3 hours per day on two late afternoons / early evenings a week. The center is cash flow positive with a significant opportunity for expansion and much less risky than starting a center from scratch.

Detailed Information

Real Estate:
Building SF:
Lease Expiration:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
This is one of the top name brands in the learning center space and simply needs an owner who can act as a local business person and do the things necessary to develop the existing market. The owner also has an option to offer services in satellite locations inside this vast footprint.
Growth & Expansion:
There is significant room for expansion in this community where the median household income is above $110,000 and the percentage of residents with a bachelor’s degree or higher is above the county average. The business needs an owner looking to embrace the location, become part of the town’s fabric and generate the kind of enthusiasm and results that this system is capable of delivering!!
Support & Training:
Owner will provide support as will the franchise.
Reason for Selling:
Other business interests
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Jack Cox, CPA, MBA, CBB

Business Listed By:
Jack Cox

NorthBridge Business Advisors

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.

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