Educational Learning Center Franchise In Sonoma County For Sale

Business description

This is the premier accredited Learning Center franchise in the United States, with an established reputation for excellence among teachers and parents. This franchise is one of the largest national institutions which helps kids reach their full potential by providing supplemental education services for K-12. Such services include exam prep such as SAT, ACT, reading and math skills, study skills, writing, spelling and phonics. All instruction is done in the center. Sonoma County is an excellent location for an educational-focused business due to the sheer volume of schools and the increasing scrutiny of quality education. This location is in Sonoma County, one of the best areas in the Bay Area for an education-focused business. This is a fine business that has been growing steadily, with a good cash flow to the owner. The owners are selling due to personal reasons. The staff is excellent and the business should continue to flourish as long it is properly managed and operated. The Seller's entire inventory, including approximately $75,000 of curriculum, is included in the purchase price.

Property information

Real Estate:

Lease

Lease terms:

The current rent of $5,579 per month. The current lease term expires 10/31/13 and there is one additional five-year option to extend this lease.

Location:

This location is in an excellent, high visibility location in a wonderful Sonoma County suburb.

Premises details:

PRICE INCLUDES: Furniture, fixtures, equipment, covenant not to compete, training period, goodwill, all of the Seller's curriculum inventory, franchise rights, leasehold interest and leasehold improvements.

Business Operation

Expansion potential:

The Seller owns a second location in Santa Rosa, which can be purchased together with this location, giving the buyer two great locations in Sonoma County and a corner on the market.

Trading hours:

The hours of operation are 10:00am -- 8:00pm Monday -- Thursday, 10:00 -- 6:00pm Friday, 9:00am -- 2:00pm on Saturday and closed on Sunday.

Employees:

There are no 2 full time staff and 10 part time teachers

Franchise terms

Franchise opportunity:

Yes

The franchise royalties are 8% of the gross sales + a small monthly advertising fee. The franchise transfer fee is $7,000.

Other information

Support & training:

Please contact Jeff Sacher, S

Financing available:

The information here is compiled from information obtained by the Seller(s). The broker makes no representation as to its accuracy or reliability. Buyer(s) should rely upon their own verification and of their financial &/or legal advisors with regard to this information.

Inventory / Stock value:

$75,000 (included in the asking price)