Price: $219,999
Location: Wake County, NC
Industry: Online and Technology
Listing ID: 16953621-BY
Listing Status: New
Are you seeking a recurring revenue business that is relevant in today's market, great for families, and Amazon safe?
This coding franchise for kids has been recognized and won many local awards. It offers after school programs, seasonal camps, and year round drop-in programs. Enrolled students learn the basics of programming and learn valuable critical thinking and problem solving skills. Parents also love that their children have a safe, fun environment where they can become technology to creators. Kids can also learn coding while building their own video games.
This business prepares kids for the future using its proprietary proven coding curriculum.
This would be a perfect opportunity for anyone who loves working with kids. No coding experience necessary. This is a business where the new owner makes money from day one and has clients and employees in place.
This business is located in high traffic well known shopping center, has a wonderful lease in place along with updated equipment and an amazing build-out. Adding other programs could take this business to the next level!
Business Highlights:
- Premium Location & Market
- Strong Earnings w/ Capacity to Grow
- Recurring Revenue Model
- High Margin Service Operation
- Internet Safe Business Sector
- Highly Sought After Franchise
Down Payment: N/A
Total Sales: $260,000
Cash Flow: $84,000
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: $80,000
FFE Included: Yes
Inventory: N/A
Year Established: 2018
Non-Owner Payroll: N/A
Employees: 14
Lease Option: Leased
Real Estate: N/A
Monthly Rent: $6,500
Square Footage: 2170
Franchise: Yes
Facilities Information: Upgraded retail location in a premium shopping center, high
household income and demographic profile that perfectly fits a
coding school. The facility includes all of the computer
equipment, furniture, and new gaming/coding equipment
required for the latest trends in computer education.
Reason For Sale: Travel & Work Obligations
Training & Support: Two weeks with owner plus Franchise training
Competition: Computer coding for kids is only getting more popular as parents
seek to redirect their children from non-educational electronic
distractions.
Potential Growth: The business is rapidly recovering from the pandemic and has
untapped capacity for growth.
