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Under Contract: Children's Science & Education Franchise

Chicago, IL (Cook County)

Seller Financing Available
Under Contract: Children's Science & Education Franchise
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Asking Price: $110,000

Cash Flow: $44,769

Gross Revenue: $451,719

EBITDA: N/A

FF&E: $50,000

Inventory: $60,000*

Rent: $7,009.75 /Month

Established: 2008

*not included in asking price.

Under Contract: Children's Science & Education Franchise

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Business Description

National Franchise - Excellent Opportunity for Growth

Under Contract: Contact Jim Peddle, Business Broker, 312-525-9622

Not your average educational franchise, this turnkey business opportunity has a fun, hands on twist to encourage children to pursue interest in STEM subjects.

Through scientific demonstrations, inquiry-based discussions, and science/craft projects, the Franchise nurtures scientific literacy in children from kindergarten through 6th grade. The exciting after school programs the Company offers each center around a different scientific subject. The professional, simple to follow lessons cover topics such as magnetism, electricity, optics, the solar system, and much more. Each lesson consists of a demonstration, discussion, and ending project. Ending projects have included everything from model rockets to slime.

On top of its after school programs, the Company also offers birthday party packages, summer day camps, in-class workshops, and stage shows. The Company partners with local schools and libraries to help foster children’s curiosity towards STEM subjects and careers. The Company’s labs travel well, and a new owner could easily grow the number of local schools and libraries it partners with.

Detailed Information

Location:
Chicago, IL
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
3,000
Lease Expiration:
N/A
Employees:
40
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The Franchise operates out of two separate facilities, an office and warehouse space and a smaller party space.
Competition:
The Company has some competition in the form of other educational services franchise, however, none of them have the particular emphasis on STEM subjects or the fun, hands on teaching style that the Company prides itself on.
Growth & Expansion:
The Company has partnered with barely 10% of the schools in its territory. There are schools on its waiting list to have programs available to their students. There is also growth opportunity in shows, birthdays and camps with increased marketing to those areas using social media. The Company has not fully utilized its smaller party space to market programs during the morning hours to preschool parents or home schooled children.
Financing:
10000
Support & Training:
Franchise sanctioned training and transition
Reason for Selling:
Retirement
Franchise:
This business is an established franchise
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Jim Peddle

Business Listed By:
Jim Peddle

Playbook Corporate Advisory, Inc.

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