Mathnasium Learning Center for Sale, CA (2289542)

Santa Barbara County, CA
Asking Price:$80,000
Inventory:$10,000
Established Year:2019
Gross Revenue:$198,000
Rent:$5,242/Month
BUSINESS DESCRIPTION

Love What You Do

With over 1000 centers – and more opening each week – Mathnasium is rapidly growing in neighborhoods around the world. That’s because we are passionate about what we do.

It’s also because our franchise combines all of the factors experts agree are critical to maximize your probability of success:
- Exceptional market demand with a superior product to respond to that demand.
- The right people to teach you the business and support your efforts.
- A proven track record of success.
- Reasonable startup investment requirements.
- A painless process which allows you to learn more – and take easy steps to becoming a franchisee.


DETAILED INFORMATION
Location
Santa Barbara County, CA
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,824
Lease Expiration
31/07/2024
Employees
4
Facilities
We have a large space with 2 glass-walled offices, a supply closes, break room and waiting room in the front. The break room has several storage cabinets, a sink with garbage disposal and filtered water line. We put fresh pain and carpet and updated the bathroom in 2019 to comply with ADA regulations. The bathroom has a vanity sink with storage, and a tall mirror on the door. There is a large curved soffit with lights running through the main room.
Competition
There is plenty of parking in our shopping center. We are next door to a popular sushi restaurant (Sushi Teri), and some other anchoring businesses in the shopping center include Trader Joes. Albertsons, Blenders smoothies, Nikka Fish Market, Kyles Kitchen, FedEx and UPS. Being 5 minutes from UCSB, we get many great instructor applicants. We have a nice team right now.
Growth & Expansion
Supplemental education is on the rise as pressure to not only pass, but excel in math is being applied to students and families. Our unique and flexible education method speaks to families because we are able to teach students math in a way that makes sense to them. After a few short months attending Mathnasium, students not only gain a fundamental understanding of math, but confidence that has impact on all areas of their lives.
Support & Training
We want your transition to be as smooth as possible for both you and your customers. The current owner will provide any assistance needed and you will have access to in-depth online and in person training at the Mathnasium home office. Ongoing support from your Franchise Business Consultant will ensure your continued success.
Reason for Selling
Health Issues
Franchise
This business is an established franchise
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