NYC Education School Operates Absentee

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Asking Price:
$1,500,000

Gross Revenue:
$890,000
Cash Flow:
$380,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$200,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

This professional 5 day a week education school has quickly risen to become the new standard in their sector. The owners have built a strong management team with the best in class processes to ensure continued success without being tied to the business, which is why they spend LESS than 10 hours at the school. With a low fixed-overhead and demand outstripping supply there is a strong opportunity to expand the physical footprint and the services offered. The owners built the business to operate WITHOUT their daily involvement, have an excellent reputation and are regularly SOLD OUT. Additionally there are tremendous growth opportunities for a more hands on involved owner. The new owner can offer additional classes, expand the schedule to include more weekend hours as well as expand the size of the facility. This business is HIGHLY profitable, earns over 40% net profit for the owners, has excellent books and records, AND operates almost ABSENTEE. This business is PRE-APPROVED for an SBA loan for qualified buyers!

Don’t miss your chance to buy this highly-profitable niche service education business with fantastic customer satisfaction ratings and a bright future ahead. If interested, please inquire about listing number 13975.

About the Business

Location:
Manhattan, New York
Number of Employees:
10
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About the Sale

Training/Support:
Yes

Listing Info

ID:
1642847
Ad Detail Views:
0

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Business Listed by

Ken Stein

The Kensington Company

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