Services - Computer & Software | Services - Educational Services

Asking Price	$120,000	Inventory	12,500*
Gross Income	$116,317	Real Estate
Cash Flow	$48,347	Year Established	2000
FF&E	$12,564*	Employees	4

* included in the asking price

** not included in the asking price

This children's technology educational franchise was started by the now current owner in 2000. The company provides computer and technology classes to public and private schools, preschools, and daycare centers in both Shelby County, TN and DeSoto County, MS. The company is part of a 20 year old franchise system that is the leader in technology education across the nation and is recognized as a top franchise by Entrepreneur Magazine. (It is also recognized as #1 Children's Business Opportunity by Opportunity World magazine. Revenues come from programs for preschoolers (23%) and programs for elementary and older students (77%) and includes classes intergrated into the school day, as well as after school and summer classes. The company is currently in 16 schools/daycare centers with over 700 students enrolled. The total territory includes 173 private schools and 713 daycare or preschools. With no serious competition, they have just started to penetrate the total potential of the business. The business would be perfect for a teacher or educator that has recently retired, or that wants to work part time. It would also be ideal for a recent mother, that wants to work part time and spend more time with their children. A technology or teaching background is NOT necessary to run the company. The franchisor provides all training and support(in addition to the current owner) and it is included in the purchase price. A once in a lifetime opportunity to purchase a company for a very reasonable earnings multiple with a huge upside potential for growth.

Facilities: The business is operated out of the owner's home where the bookeeping and accounting are done, and the company records are stored. All classes are taught on the campuses of local schools and daycare centers.

Competition: There are two other competitors in the marketplace, one of which is brand new. Neither competitor has the width of products of this company, which practically has the market to themselves!!

Growth/Expansion: For the past several years, the ownership had not undertaken any new marketing or sales effort. They have only started to scratch the surface of the potential of the market. However, with over 7 years in the market, they are now a recognized name in the market. Several pilot programs were undertaken this year as test that will result in increased sales. They have recently added several new schools to their customer base ...in spite of the economy the company continues to grow!! (One is a test program in one school of an 8 location private school.)

Financing: Seller is asking all cash.

Support/Training: Seller will train in the operation of the company. Training at the home office of the Franchisor is included in the sales price.

Reason Selling: Now that her children are older, owner has returned to her corporate job.