Asking Price: $2,500,000 Gross Revenue: $1,300,000Cash Flow: $360,000EBITDA: $360,000Inventory: Not Disclosed included in asking priceFF&E: $200,000 included in asking priceReal Estate: Not Disclosed Share 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.
Pixel Academy creates and facilitates out-of-school-time educational experiences for kids and teens that immerse them in the latest STEM technology. Pixel custom-built an Experience Management Platform that is continuously updated with innovative curriculum on topics ranging from video game design and 3D printing, to coding for drones and VR. They provide engaging, one-of-a-kind camps and classes centered around emerging technologies in order to prepare kids for the future careers that adults can't even begin to imagine. With five years of expertise and two thriving brick and mortar locations in NYC, Pixel is primed and ready to share these experiences with the rest of the world by opening more locations and by licensing their Experience Management Software and IP to educational institutions.
About the Business
Number of Employees:
Two locations, one in Brooklyn and one in Manhattan, both leased at 5,600 and 8,000/mo respectively. We own thousands of dollars in technology assets - computers, 3D printers, laser cutters. The total value is in the hundreds of thousands. We also have our custom built operations application that has been in high demand for licensing.
Many organizations offer after-school and camp but we are the only that provides a premium project-based experience with out custom built operations platform. We have re-invented the after-school experience with custom developed curriculum like Fortnight VR Game Design, Blockchain, Minecraft Coding, and so much more.
Growth & Expansion:
This is HIGHLY expandable. We don't have the capital to open more locations but have had many requests from all over the country (and world). Nothing like this exists. We have had success in the most expensive real estate market and can do even better in the suburbs. Whether owner operated or franchising the growth potential is enormous.
I will never have the money to take the company where I dream of it going.
All training and support needed will be provided as this is my life's work. I will provide anything necessary to make sure it continues to succeed. We have detailed operations manuals, policies, and automated services in our application.
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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
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