50 Successful Years - Educational Supply Company
Education & Children Businesses for Sale
- Primary Category: Other Education & Children Businesses for Sale
This retail store has stood the test of time. They provide a comprehensive selection of educational materials and school supplies for children from infant to 12th grade and beyond. Quality resources and products are available to support all age ranges. This business supplies support to numerous academic centers, schools, churches and daycares. Additionally they offer an array of supplies and services for other area business offices as well. The retail space is stocked with the latest educational tools all within the 12,000 ~ sq foot of their retail space. Throughout the years, the owner has provided access for all teachers to tryout all their products to ensure that the academic products are in line with school objectives. However, online purchasing is also available.
Topline revenue year over year is $1M+ with a healthy bottom line of approximately $140-$150k SDE. Currently there are 6 employees and they hire on 2 more during the summer season in preparation for school starting in the fall. Inventory consists of the latest teaching trends and products on average of $130k+ which turns over by year end.
This business can be expanded by providing Tutoring and specific summer camps or after school care. The existing space will allow for such classes and has been successful in the past. Another up and coming segment is in homeschooling, which is in high demand for books and visual aids.
If you are an academic or have a vested interest in child academics and success, this business is for you!!! If you would like more information please contact Shanon Madrid at 919-624-9275 or email me at [email protected]
Financial Information
- $525,000 Asking Price
- $145,000 Cash Flow
- $900,000 Gross Revenue
- $250,000 Down Payment
- Yes Financing
- N/A Adjusted EBITDA
Business Location
- City: Central North Carolina
- State: North Carolina
Financing Comments
- Seller note will be considered for highly qualified buyer
Reason for Sale
- Retirement
Detailed information
- Year Established: 1972
- Home Based: No
- Franchise: No
- Relocatable: Yes
- Lender Prequalified: Yes
- SBA Prequalified: Yes
- Full-Time Employees: 6
- Part-Time Employees: N/A
- Contractors: N/A
- Owner Worked Hours/w: 30
- Inventory Included: Yes
- Inventory Value: $130,000
- Monthly Rent: $11,500
- Real Estate Available: Yes
- Real Estate Included: No
- Real Estate Value: N/A
- Building Size: 12000
- FF&E Included?: Yes
- FF&E Value: $150,000
Training/Support
- Owner is available to transition through back to school in August and then as a consultant for the remainder of the year.
Facilities
- 12,000 sq ft retail Space with $150K in shelving and displays.
Market Outlook/Competition
- There are no other school supply stores within an hour commute. They provide supplies for North Carolina and South Carolina
Real Estate Description
- 12,000 sq ft in newer strip mall.
Business Listed by
Shanon Madrid
Sunbelt of Greensboro/High PointContact Business Broker
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