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Business for Sale Summary

Well Known Computer Coding Franchise - 36597

Business Type: domain names/ basic sites,electronics & technology,entertainment,internet consumer services (b2c),misc. internet/technology/non-classifiable,misc. service/non-classifiable,professional services,schools/ education,computer & software services,educational services / schools
Well Known Computer Coding Franchise
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Financial Information (non-confidential)

General Information
Asking Price $420,000 Down Payment $420,000
Gross Revenues $342,863 Lease Remaining Register Free to View
Owner’s Cash Flow $140,000 Number of FT Employees Register Free to View

Financing

$420,000 Down and None.

Business Description

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! To learn more, please call, text or email Mel Vaz today at 631-767-0157 or melvaz@vestedbb.com.

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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.