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Listed by:

Kensington Company

School Operates Absentee In New York City For Sale

New York City, New York
Asking Price:
$1,500,000 (USD) Furniture / Fixtures included
Sales Revenue:
$890,000 (USD)
Cash Flow:
$380,000 (USD)

This professional 5 day-a-week education school has quickly risen to become the new standard in their sector. The owners have built a strong management team with the best in class processes to ensure continued success without being tied to the business, which is why they spend LESS than 10 hours at the school. With a low fixed-overhead and demand outstripping supply there is a strong opportunity to expand the physical footprint and the services offered. The owners built the business to operate WITHOUT their daily involvement, have an excellent reputation and are regularly SOLD OUT. Additionally there are tremendous growth opportunities for a more hands on involved owner. The new owner can offer additional classes, expand the schedule to include more weekend hours as well as expand the size of the facility. This business is HIGHLY profitable, earns over 40% net profit for the owners, has excellent books and records, AND operates almost Absentee. This business is Pre-approved for an SBA loan for qualified buyers!

Don’t miss your chance to buy this highly-profitable niche service education business with fantastic customer satisfaction ratings and a bright future ahead. If interested, please inquire about listing number 13975.

Property Information

Real Estate:

Lease

Business Operation

Employees:
10

Other Information

Support & training:

Yes

Furniture / Fixtures value:
$200,000 (USD) - included in the asking price

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