Profile: Simple Cost Structure; Well Documented Books & Records; Well Known.
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Ad/Listing Information
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Contact Information |
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| Seller Or Contact: |
Jorge Merino, Broker
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| Primary Phone: |
858-391-3388 |
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| Alternate Phone: |
None Given |
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| DRE Number: |
01197451 |
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| Email Address: |
Email This Advertiser |
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| Date Started: |
9/24/09 |
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| Date Last Revised: |
9/24/09 |
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| BizBen Ad #: |
140931 |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$180,000 |
| Down Payment: |
$1800,000 |
| Annual Revenue: |
$257,911 |
| Annual Adjusted Net: |
$56,743 |
| Price Range: |
$100,001 to $250,000 |
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| Franchise: |
Yes |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Call |
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Description:
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This Is Your Opportunity To Own A Turnkey Business And One Of America’s Fastest Growing Educational Service Franchises. It Boasts A Tried And Proven Formula For Success While At The Same Time Offering Its Owner A Unique Opportunity To Provide A Valuable Service To The Community. Two Territories Are Being Offered, One In The North County And The Other In The South Bay. The Best Part Of About This Offering Is That You Don’t Need Experience To Successfully Operate This Business As Proven By Many Other Successful Top 20 Owners. And Because The State Is Downsizing Education Year After Year, There Has Never Been A Greater Demand For Education Based Services.
Existing Marketing Is Limited To The Franchisor Activities E.G. Website And Search Engine Optimization For Website As Well As Local Marketing For Both Territories Including Mailers, Sponsorships, And Direct Mail. The Average Client Comes From A Household Of Middle To High Income.
Turnkey Operation; Simple Cost Structure; Well Documented Books & Records; Well Known & Considered A Top Education Services Organization; Great Local & Reputation; Key Location For Both Territories (Freeway Accessible); One Of The Fastest Growing Consumer Segments; Increase Demand Due To State Of Affairs In Education; Marketing & Advertising Franchisor Benefits; 20-30 Hour Work Week; A Valuable Service To The Youth & The Community; Strong Training And Ongoing Support.
Hours: Hours Of Operation Are Monday Thru Thursday 2:30-7:30 P.M. & Friday And Saturday By Appointment. Staffing: Territories Currently Employ 3 To 4 Part-Timers And One Fulltime Manager At Each Location. Part-Time Wages Range From 12 To 18 Per Hour And The Managers Are Paid An Annual Salary Ranging From 35,000 To 45,000 Plus Bonuses. The Seller Believes That Employees May Easily Be Replaced.
Territory 1 - The Facility Is Approximately 1,145 Square Feet, Rents At Approximately 3,500 Plus 500 Cams. According To The Seller, The Landlord Is Willing To Sign A New Lease To A Qualified Tenant.
Territory 2 - The Facility Is Approximately 900 Square Feet, Rents At Approximately 2,000 Gross. The Premises Will Be Available As A Sublease To A Qualified Tenant.
Established In 2006 & 2007, The Seller Purchased His First Territory After Hiring A Professional Firm That Conducted A Franchise And Market Survey At A Cost Of Over 60,000. Their Findings Were Conclusive, The Franhise Represented A Viable And Highly Competative Formula For Success And That The Existing Geographic Franchise Territories Represented A Terrific Opportunity For Growth. Poised For Continued Growth The Seller Has Made The Decision To Sell Due To Multiple Health Issues.
Sales For Both Territories Have Been Steadily Increasing But Have Been Hindered By The Lack Of Involvement Of An Owner. Seller Furthermore Anticipates That An Owner/Operator Will Reap An Immediate Financial Return By Replacing The Two Managers With Him/Herself And A Part-Time Assistant Manager.
Purchasers Are Cautioned, This Is A Confidential Business Offering. The Employees, Customers, Competitors, And Suppliers Are Not Aware Of A Potential Sale. Prospective Purchasers Are Cautioned To Abide By The Guidelines Outlined In The Non-Disclosure And Confidentiality Agreement Signed By And On Behalf Advisors Of Receiving Party. All Information Has Been Provided By The Seller And Broker Has Not And Will Not Verify The Accuracy Or Completeness Of Any Information.
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
Jorge Merino, Broker at 858-391-3388 Non Disclosure Agreement |
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