Asking Price: $22,000 Gross Revenue: $45,000Cash Flow: $20,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $500 included in asking priceFF&E: $8,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Established Franchised Learning Center in North Chicago for Sale. We have been part of the neighborhood for over 5 years with an excellent reputation. With more than 100 centers, the company is rapidly growing in neighborhoods around the country.
This is an after School enrichment program designed to enhance child's overall academic development. Our teaching methodology is non-repetitive and aims to challenge students by introducing new concepts and skills each week. We provide instruction in Math, English and Abacus all under one roof for ages 3 to 14.
The center is currently manager run and is well managed and organized for a smooth transition. The business is priced to sell at $25,000. New owners will be trained by the current owner and the corporate.
This is a wonderful investment for those who can spend 3 hours a day, 2-3 days a week for a great extra income.
About the Business
Number of Employees:
Building Sq. Ft.:
1100 sq.ft. with lease renewable every year. The center is fully furnished
Multi-unit franchise opportunities are available in Chicago city
Growth & Expansion:
All our students joined by word by mouth from current customers. There is a huge potential growth with right marketing in the neighborhood.
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 & Conditions.