Early educational enrichment center, established clientele

, California 7 views 0 favorites

Financial Highlights
Asking Price
$85,000
Business Description

Established in 2016, this community gem serves families from birth to 6 years old, with opportunity for growth. The program offers an indoor play environment, enrichment classes for caregivers and infants as well as preschoolers. There is tremendous room for growth in student enrollment and program capacity. The purchase includes: *An established clientele (over 3000 client contacts) *Social Media following (I.e. Facebook, Insta) *Website *Domain name (new owner will need to get their own email address) *Lucrative Summer programming registration (begins in April) *Documented Programming Guides for each program, complete with goals, ideas, and supports *Consultation package, 30 hours of Executive Level consultation with the previous Director *Access to established staff (at least 4 staff would like to stay on, more than 3 years of experience for each) *Lease of current suite is dependent on credit and other factors, and is not explicitly included in this arrangement (property management is very amiable to new management rather than a new tenant) The studio enjoys regular customers weekly, with many families growing through the stages of development to enjoy classes from infancy through preschool. Our enrichment classes are 45 minutes to 2 hours in length and serve students via monthly enrollment. enrolled in classes. Location: Modesto, California Year Established: 2016 Number of Employees: 8 Real Estate: Leased Building Sq. Ft.: 5,200 Rent: $5,157.00 Per Month Lease Expiration: 4/30/2022 Facilities: The suite is approximately 5200 square feet of studio space, and approximately 1500 square feet of warehouse space. 2 restrooms A reception desk Full inventory of program materials, fixtures, and furniture relating to the business. The leased building was built in the early 1950s. It was the original hardware store. Exposed beams and ducting provide a warehouse feel. The current AC and heaters are very efficient (3 units) and the utilities are surprisingly low for the size of the building. Market Outlook/ Competition: There are two businesses like ours in the immediate vicinity. Our location exists within a small shopping center with 100% locally owned businesses, including an established grocer, 4 restaurants, a frozen yogurt shop, and several salons, a soy candle shop, and more. This center has been 100% leased for the past 5 years, even through COVID. There is a need for more programs for children 6-12 and this is an area to be explored for new owner. Growth & Expansion: The growth opportunities are enormous. This precious business is ready for someone with the energy to take her forward and beyond. The current owner grew it from an indoor play space (when she bought the business in 2018) to an enrichment center. She made the move next door into the larger suite, facilitated the construction and renovations. Classes are currently full, for one classroom. There are two classrooms ready for use. Some existing construction and touch ups are required.

Business Details
Industry:
Restaurants & Food
Real Estate Included:
No
About the Seller
AU
Admin User
6498
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Member Since

Listed: Apr 21, 2022

Updated: 8 hours ago

Views: 7

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