50 Successful Years - Educational Supply Company

Asking Price$525,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$900,000

Inventory$130,000
Included in asking price
FF&E$150,000
Included in asking price
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50 Successful Years - Educational Supply Company


Asking Price$525,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$900,000

Inventory$130,000
Included in asking price
FF&E$150,000
Included in asking price

Seller Financing Available
Business Description
Unique Opportunity - Real Estate Available
This retail store has stood the test of time. They provide a comprehensive selection of educational materials and school supplies for children from infant to 12th grade and beyond. Quality resources and products are available to support all age ranges. This business supplies support to numerous academic centers, schools, churches and daycares. Additionally they offer an array of supplies and services for other area business offices as well. The retail space is stocked with the latest educational tools all within the 12,000 ~ sq foot of their retail space. Throughout the years, the owner has provided access for all teachers to tryout all their products to ensure that the academic products are in line with school objectives. However, online purchasing is also available.

Topline revenue year over year is $1M+ with a healthy bottom line of approximately $140-$150k SDE. Currently there are 6 employees and they hire on 2 more during the summer season in preparation for school starting in the fall. Inventory consists of the latest teaching trends and products on average of $130k+ which turns over by year end.

This business can be expanded by providing Tutoring and specific summer camps or after school care. The existing space will allow for such classes and has been successful in the past. Another up and coming segment is in homeschooling, which is in high demand for books and visual aids.

If you are an academic or have a vested interest in child academics and success, this business is for you!!! If you would like more information please contact Shanon Madrid at 919-624-9275 or email me at smadrid@sunbeltnetwork.com
About the Business
Years in Operation
54
Employees
6 Full-time
Facilities & Assets
12,000 sq ft retail Space with 150K in shelving and displays.
Market Outlook / Competition
There are no other school supply stores within an hour commute. They provide supplies for North Carolina and South Carolina
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
12,000
Rent
$11,500.00 per month
About the Sale
Seller Motivation
Retirement
Transition Support
Owner is available to transition through back to school in August and then as a consultant for the remainder of the year.
Financing Options
Seller will consider some financing for a qualified buyer
Listing Info
ID
2496043
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Business Listed by: Shanon Madrid Sunbelt of Durham/Chapel Hill

Listing ID: 2496043 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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