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Stem/arts And Learning Center In Pearland For Sale

Houston, Texas, US
Asking Price:
$39,900 Furniture / Fixtures included
Sales Revenue:
$100K - $250K
Cash Flow:
Under $50K

Just reduced....This franchise center is located in a prime shopping center near Pearland Town Center. Median income in this 5 mile radius averages 180K. Part of the world's fastest-growing kids coding franchise, with hundreds of locations in North America and abroad. Offering camps, classes, workshops, and birthday experiences using coding, engineering, arts, science, 3D design, augmented reality, and other innovative subjects.
Owner invested over 175K in center. More than 1,000 clients. Great potential to add more clients as there are 6 public schools in a 2 mile radius. Huge advantage as STEM school is exempt from childcare licensing. All the essentials are in place - equipment, instructors and a growing community. Operating hours are typically 10am-6pm. Excellent reviews. Cost substantially less than starting a new location. Franchise royalty is 8%, 1% advertising. Sale includes territory rights for Pearland and Manvel.

Property Information

Real Estate:

Lease

Lease Terms:

Expires 6/2025

Leasehold Rent:

$9,000 per annum

Size in square feet:
3,000

Business Operation

Reasons for selling:

Health reasons

Employees:
3
Years established:
2018

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

$500 monthly

Other Information

Furniture / Fixtures value:
$5,000 - included in the asking price
Relocatable:
This business can be relocated.

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