Educational Supply Store For Sale

Business description

Price Reduced - The Learning Connection is a retail educational supply store with the main customer base of public schools, teachers, and educational systems. Secondary customers are private schools, home schools, daycares, churches, parents, and Girl Scouts. The main focus of The Learning Company is teaching materials that enhance the curriculum rather than arts and crafts and office supplies.

Facilities: There are no other retail business like this in any of the counties mentioned. Our closest competitor is 25 miles away. The business has a POS (point of sales) system that is used for inventory, purchasing, charges, customer billing, sales and cash receipts. Financial reporting, payroll, Accounts, Payable, Vendors, Customers, etc are processed using Quick books Pro 2008. The store has 2 networked computers, one being the back office system and the other a workstation. Both systems are running Windows XP Professional. Both systems have receipt printers, cash drawers, bar code scanners, and credit card readers. Internet access is provided by DSL connection with the telephone service provider. A multi-function laser copier/fax/printer and a multi-function color ink-jet copier/printer are connected to these computers.
Marketing: Emphasis has been on building a business that caters to local customers, schools, teachers, daycares, and parents. Local is being defined as Randolph, Davidson, Chatham, Moore, and Montgomery counties. There are approximately 60 public schools and 3,000 - 4,000 teachers in this area. The budget for instructional supplies in Randolph County / Asheboro City schools exceeds $14,000,000 per year. The potential in this area is almost limitless. Anew owner will have to work from the top (Central Office) down to access these funds. Our fastest growing customer base is parents which includes our Girl Scout sales. Persuading the National Girl Scout office to allow badges sales would double GS sales.

Other information

Support & training:

1

Trading hours:

Mon-Sat 10am-9pm Sun Noon-6pm

Inventory / Stock value:

$60,000