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GYMBOREE-WELL EST. CHILD DEVELOPMENT FRANCHISE

Seller: Attn: Tanya Popov
Location: Southeast Michigan, MI, USA
Listing Number: "DETROMI001N398"


Asking Price: $95,000 USD USA Dollars
Industry: Services: Children
Reason for Selling: Retirement
Year Established: 1984
Number of Employees: 2
Yearly Revenue: $164,478
Yearly Cash Flow: $49,796
Yearly EBITDA: $NA
Yearly Gross Income: $NA

Overview of the Business:

This is a great opportunity to be a part of Gymboree franchise that is a global leader in it’s field and has been around for over 30 years! Franchisor ranked in Entrepreneur Magazine 2008 Franchise 500. This business offers children from birth to 5 years old a clean, safe and stimulating environment to develop social and motor skills while having fun. Programs include play, music, art and sign language classes. This is a sale of one operating location and rights to open a second location. Business is in turn key shape and well known throughout community being a second original location in Michigan. All equipment is in great shape and well maintained. New start up can cost up to $270,000! Don’t miss out on a great deal with established clientele base and huge potential!


Property Features and Assets:

The facility is located off of major street and occupies almost 3,000 square feet with large plaza parking lot available. Current lease is $2,735 monthly and is due to expire on 12/31/08 with two 3 year options available. All equipment required to run both locations is available and included in the purchase price.


Market Competition and Expansion:

There is a significant growth potential with program enrollment, birthday parties, merchandise sales and developing “On the Go” programs offered through Day Cares and Nursery Centers. Opening a second center would greatly increase the growth opportunities available in that area. In addition, corporation has recently increased commitment to marketing for the franchisees. There is virtually no local competition exists except programs offered through community centers that do not include infant services.


Additional Details:


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