Asking Price
$420,000
Gross Revenue
$342,863
Net Profit
$119,000
LISTING ID # 36597Fast Growing Coding Franchise! This location was built from scratch by the current owners, while working other full-time jobs. They specialize in teaching coding to kids ages 7-14 in a non-intimidating way. They have great facilities, location and staff. There are many upside growth opportunities that the current owners have not been able to take advantage of due to other job and family commitments. In the past year the business grossed $342,863.32 with an owner�s cash flow of $140K. 50% of revenue comes from after school programs. They have a 1388 sf space in a prime location. There are 5 years left on the current lease with a monthly rent of $5,575.99. That can be extended for a well-qualified buyer. The ideal buyer would be a full-time owner. We are seeking a serious and financially qualified buyer with at least $420K in liquid funds. Proof of funds will be requested prior to any buyer-seller calls or meetings. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on �view free financials�, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at [email protected] or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-36597 for instant access to this business information.
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