Well Known Computer Coding Franchise

Queens County, NY
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Asking Price:$420,000
Gross Revenue:$342,863
FF&E:$150,000
Cash Flow:$140,000
Inventory:$5,000
Established Year:2020
BUSINESS DESCRIPTION

LISTING ID # 36597

Fast Growing Coding Franchise! This location was built from scratch by the current owners, while working other full-time jobs. They specialize in teaching coding to kids ages 7-14 in a non-intimidating way. They have great facilities, location and staff. There are many upside growth opportunities that the current owners have not been able to take advantage of due to other job and family commitments. In the past year the business grossed $342,863.32 with an owner’s cash flow of $140K. 50% of revenue comes from after school programs. They have a 1388 sf space in a prime location. There are 5 years left on the current lease with a monthly rent of $5,575.99. That can be extended for a well-qualified buyer. The ideal buyer would be a full-time owner. We are seeking a serious and financially qualified buyer with at least $420K in liquid funds. Proof of funds will be requested prior to any buyer-seller calls or meetings. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!


DETAILED INFORMATION
Location
Queens County, NY
Inventory
Included in asking price
Employees
9
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Support & Training
Seller will train
Reason for Selling
Time constraints
Franchise
This business is an established franchise
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Vested
Business Brokers, Ltd
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Vested Business Brokers, Ltd