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Learning Center

Bergen County, New Jersey

Asking Price: Gross: Cash Flow:
$129,000 $216,100 $84,899

Furniture and Fixtures Value:
$25,000 (included in the asking price)

Business Summary:
PRICED REDUCED Learning Center in Bergen CountyExcellent opportunity to own a well established learning center located in an upscale community. The center occupies 3,700 sq ft in a modern professional building with rooms for individual and class instruction, library and parking lot. Well staffed, including a full time Director with a Masters Degree and highly qualified and certified K-12 part time teachers from local area schools. Services include PSAT/SAT Prep Classes, Enrichment Classes, Academic Summer Program, and basic After School Program. Currently 40 students enrolled. Provides pick up and delivery service with van which is an optional purchase. Three years of steady growth. Owner returning to Eastern Europe and will consider all reasonable offers. The business is offered at a reduced price of $129,000 with a down payment of $109,000 and the seller will finance the $20,000 balance for qualified buyers. The owner will provide two weeks of training to insure a smooth transition. For more details call Paul Holveck at Executive Business Brokers, 908-851-9040 x277.

 
   
   
Year Business was Established: 1997
   
Number of Employees: 8PT/2FT  
   
Facilities / Terms of Lease: 3000sq.ft, 3 classrooms, computer classroom- large office. 4 years (1) 5 year option. Excellent staff. Bi-lingual Korean. Main teacher under contract. All will stay on.  
   
Potential Growth/Expansion: Yes  
   
Competition: Medium  
   
Owner willing to train: Two weeks  
   
Reason for selling: Moving out of state  
 

 

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