Compare Listings

Description

OFF-MARKET PRESENTLY

Youth Robotics Instruction = Grade A Profitability!
(San Jose County) – (Home-Based, Relocatable)
Seller Financing available with acceptable terms
Zip Code: 94089

  • Asking Price: $275,000
  • Cash Flow: $162,537
  • Gross Revenue: $245,532
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: Included. Mostly robotic parts and laptops
  • Established: 2014
  • Employees: 3 Part Time Educators

Business Description:

What started as a side gig to supplement a lull in the Seller’s music career is now a full-fledged business exceeding educational standards and helping launch the academic careers of students through robotics and related technologies. During the school year, one-hour classes are held weekly, while a wide range of five-day camps is available in the summer. Students not only learn about robotics but the software and coding that make them function. Completed projects are often entered into competitions.

Seller and staff write the programs and curriculums, handle enrollment, procure locations, schedule classes, purchase supplies and teach.

NDA required for release of detailed CIM. Thank you.

Detailed Information:

  • Facilities: Company rents space as needed from local school districts and community centers.
  • Competition: Supplemental education and tutoring schools of various types are a fast-growing industry, but this Company has a head start and teaches a proprietary curriculum that is far more advanced than similar schools anywhere in the country.
  • Growth & Expansion: There are great opportunities to expand: Increasing the number of classes offered, and/or offer classes in nearby cities and states by making smart instructor hires and find allies at city’s facilities and community centers.
  • Financing: Seller may be willing to carry a portion of the purchase price for a highly-qualified Buyer with a substantial down payment.
  • Support & Training: As needed to support a smooth transition on a consultant basis after an initial training period.
  • Reason for Selling: Although the Seller loves of teaching robotics and working with today’s youth the Business has grown to a point that it leaves little time for the Seller use his education and to follow his own passions and dreams.

ProNova representatives respond timely to all inquiries. We look forward to supporting your business endeavors and being a part of your success.

Competitive Advantages:

School and Business Partnerships — Education and training providers are partnering with high schools, community colleges, and private employers to create programs that help students develop skills that prepare them to enter the workforce. Some technology and manufacturing firms offer scholarships and instructional support for programs that provide advanced training in their fields.

Products, Operations & Technology:

Major services include technical and trade schools (about 30% of industry revenue) and business schools and computer training (about 25%). Technical and trade schools include cosmetology, flight, real estate, bartending, apprenticeship, and professional development institutions. Other services include fine arts schools, sports and recreation instruction, language schools, exam preparation and tutoring, and driving schools.

Education & training services cater to a broad demographic, ranging from a teenager taking a driving class to a CEO on a leadership retreat. Nearly all US high school students take at least one career and technical class. More than 10% of all public high school credits are earned in career & technical education, according to the National Center for Education Statistics (NCES).

Operations involve both instruction and administration. Instruction expenses include faculty salaries, course materials, lease and occupancy costs, and educational equipment. Administration expenses include direct marketing, finance and accounting, admission expenses, bad debt expense, and legal fees.

Technology Providers of technical training courses must regularly review technological advances, and upgrade curriculum and equipment accordingly.

Anything related to STEM/STEAM (science, technology, engineering, art, and math) is a hot ticket right now as many view STEM-related subjects as the future. But they also have to engage children in a way that is much more fun than school, and the companies on the [site provided] list are the ones who have figured out how to make that happen and scale it.

These franchise opportunities have also proven to be largely “recession proof” because parents are always reluctant to give up anything they see as benefitting their children, even when times are tough.

Bright Outlook:

Much potential exists to reach neighboring communities in this medium-density suburban area; contract with a couple of cities to become an approved vendor for operation at schools and community centers. Some communities are mandated to rent these facilities when not in use.
Offering online courses hold great potential for expanding teachable hours and profitability during the school year.

New programs to be offered in the fall of 2019 include syntax coding, code python, java script, and a free robotics competition club. It is already creating a lot of buzz.

Offer parents annual memberships that package school year and summer programs; add benefits, create VP events with exclusive access and include days of private tutoring.

One means of scaling the business is to make it ready to scale by attracting potential teachers via an online teacher portal. This portal would include a video training and questionnaire which would include all information necessary to teach a complete year of robotics instruction.
Better and more consistent marketing would go a long way to increase business. To this point, the Seller has done all of the (limited) marketing himself, from flyer design to publishing. Google SEO has also just begun. To improve on this, implement an extensive marketing strategy including promoting and requesting google reviews from parents.

Contact info

Pronova Partners

Inquire about this property

Similar Properties

$25,000$12,000Adjusted Net: $6,000
Accounting Software Business for Sale

Computer & Technology, Financial Services, General Service, Miscellaneous Businesses

Pronova Partners

$25,000$12,000

Computer & Technology, Financial Services, General Service, Miscellaneous Businesses

Pronova Partners

$89,000$179,000
Health & Fitness Business for Sale

Beauty & Personal Care, Health & Fitness, Miscellaneous Businesses

Pronova Partners

$89,000$179,000

Beauty & Personal Care, Health & Fitness, Miscellaneous Businesses

Pronova Partners

$150,000$80,000Adjusted Net: $70,000
Medical/Recreational Cannabis Testing Software Suite

Computer & Technology, IT & Software Services, Miscellaneous Businesses

Pronova Partners

$150,000$80,000

Computer & Technology, IT & Software Services, Miscellaneous Businesses

Pronova Partners

$5,000,000$600,000
Netsuite & Acumatica Competitor

Computer & Technology, Miscellaneous Businesses

Pronova Partners

$5,000,000$600,000

Computer & Technology, Miscellaneous Businesses

Pronova Partners


Previous Property

OFF-MARKET-Blockchain Tech Company for Sale

Next Property

SoCal Cat Focus Veterinary Practice for Sale

Cat Doctor Business