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Listing Information

Children's Education Franchise
Listing ID: 6033	Location: Houston - NW
Brief: 6033 Profitable Education Franchise Center. Could bring in six figure income working part-time.

Listed Price:

$425,000

Total Sales:

$243,066.00

Seller's Discretionary Earnings:

$152,441.00

Fixtures Furniture, & Equipment:

$10,000.00 (Included in Listing Price)

Real Estate:

N/A

Inventory:

Available upon request

Financing / Terms:

N/A

Business Information

Year Established:

2007

Number of Employees:

8 Full Time / 0 Part Time

Days and Hours of Operation:

Mon � Thurs 3.30pm to 7.30pm, Sat 11am to 3pm

Relocatable:

Franchise Information:

Available upon request

Facilities / Location:

2,230 SF in a well established and popular Strip Center.

Lease Information

Lease Expiration Date:

12/29/2009

Option:

N/A

Monthly Rent:

$2,592.00

Additional Information

Reason for Selling:

Owner wishes to pursue other interests.

Business Description:

Profitable education franchise center for sale. Current owner has grown the business from $6k to $20k per month in revenues since August �08 and the business keeps growing each week with limited effort. Most customers commit to a long term contract (6 months or 12 months) with many staying on indefinitely. Business could continue to grow as it is, but a more marketing focused owner may greatly increase the profit. Great fun to run. This business provides a true work-life balance. Very easy to operate with an excellent staff already in place.

Potential for Growth:

Currently very limited marketing is done, most new business is through referrals and word of mouth. Due to the rapid growth, owner did not do any real marketing. Currently 90 � 100 enrolled students with capacity for 150+ with existing opening hours. Franchisor has an existing marketing program with all materials in place. New owner will need to simply deliver it by contacting schools and developing relationships with teachers. Develop and market specific programs for TAKS, SAT, GED, and other tests. Develop relationships with community organizations and operate satellite classrooms at their locations using existing staff and business resources, doubling profits - Other franchisees have been very successful at this. Advertise to the home-schooled market and open during school hours.