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Excellent opportunity to step into an existing kids learning franchise in Oakville.
This is a brand new location with 5 class rooms, to start they only opened three classes (for three age group), additional class room can be opened over time once the staff is more comfortable. This location is at full capacity for three rooms in certain days/age group. Full capacity is 60 (12 to 1 ratio), we have about 34 now. The sales will be increased month over month.
Birthday's drive a lot revenue (Base rate is $460), and just launched it in October, have 2 booked this month, So far about 10 booked for November this is just starting point, the response has been phenomenal.
December will be having winter camp, normally camp can drive a lot revenue. And we will open summer camp registration in December or January, summer camp will be the most profitable part
We also have one school contract, we had about 15 enrollments for the classes for fall semester, the feedback is great the school has been calling us back for workshop, in coming January we are expecting more enrollments.
Price is reduced to $260k and is a long term lease and space is 2970 square feet and opened two months ago and has had an excellent start to this business. The owner has an illness all of a sudden and needs to exit soon.
Long term lease in place
2970 square feet with a long term lease in place
Excellent opportunity to open several locations in this area
Minimal in this area
Owner has a sudden illness and manager is running the business and is growing organically.
Full time manager runs the day to day location and inquire for more details
Inquire for more details
Excellent support and training and ongoing support for new ownership.
Yes can assist with the small business loan and one needs to have $150k down to qualify for the small business loan
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