For sale is a provider of learning programs aimed towards children with interest in STEM fields. The organization has been in operation since 2010 and has grown steadily year-over-year through the addition of new programs and the acquisition of more students. The business has a strong curriculum which is coupled with skilled instructors to provide students an excellent learning environment. The business runs various programs including summer camps, ongoing weekly programs as well as birthday parties. Currently, it has already received payment for summer camp services to be rendered this summer. The organization operates out of a 1,200 sq. ft. facility with a lease in place till April 2020. The space is not being utilized fully and there is sufficient space for further growth.
The business actively markets the business online using SEO strategies and has a strong social media presence. The organization receives a lot of publicity by attending conferences and festivals and through being listed in various magazines. Further growth opportunities include extending programs to other areas of interest and increasing staff to handle a higher volume of workshops.
The owner is selling the business due a health reasons. The asking price of $250,000 includes around $47,000 in furniture, fixtures, and equipment and working capital.
Asking Price: $250,000
Furniture, fixtures, equipment (book value): $37,000
Working capital (incl.): $10,000
Revenue (2015): $355,000
Normalized SDE (2015): $107,000
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