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Phoenix

  • Listing No.: 115-11050

  • Category: Education, Service

Asking Price $195,000
Down Payment $0
Gross Revenue $213,000
Total Adjusted Net Income $72,000
Equipment/Fixtures $20,000
Year Established 2010
General Location Phoenix
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This is an incredible opportunity for an individual or a family that is looking for a rewarding business in the education sector.  This business has shown solid and consistent gross sales and net profits throughout the years, has a high enrollment rate, reliable long-term staff, and is strategically located in a prestigious and sought-after neighborhood with excellent demographics. This is a turnkey business and includes office and classroom furniture, books and teaching material and an extensive customer list.  Owner is willing to stay on and train for a reasonable time frame for smooth transition. Call now for more details!   About Kumon;   Kumon was started 60 years ago in Japan by Toru Kumon, a teacher and parent who wanted to help his son do better in school. The unique instructional method he created was so successful that his son was able to do calculus by the time he was in the sixth grade. Kumon reading and math programs help children master those fundamental skills so important to their overall academic performance. Our founder's belief that every child possesses untapped abilities and the potential to excel remains central to our philosophy. In short, there's nothing a child can't do. The Kumon Method was developed to unlock the potential in every child. That's our mission, and we're accomplishing it every day at more than 1,400 Kumon Centers in North America alone. With centers in 43 countries, Kumon has helped more students succeed worldwide than any other after-school program.

Gross Revenue $213,000 Listed Price $195,000
Total Income $72,000 Down Payment $0
Base Rent $1,748 Square Feet 1170
Total Rent $2,356 Lease Expiration 12/2020
Rent Deposit $2,065 Lease Options Yes
Inventory $0 Leasehold Improvements
Equipment/ Fixtures $20,000 Other Assets
Full-Time Employees 0 Training Period 30 Days
Part-Time Employees 11 Special License Required
Contract Staff 0 Reason for Selling Retiring

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.