MergerPlace

Gymboree Play and Music - Priced to Sell

New Jersey


  • Asking Price: $49,900
  • Gross Income: $72,314
  • Cash Flow: $2,504
  • Real Estate: Not Disclosed
  • Inventory: $1,000
  • FF&E: Not Disclosed
  • Listing ID: #199208
  • Established: 1987
  • Employees: 1 FT/4 PT

Business Description

Gymboree is the creator and leader in interactive children's play, music, art and development programs. Gymboree has built a business system with an unequaled reputation. This is a great opportunity to own a business in the ever growing children services Industry. The business is staffed and has a long history of making profits. Work with kids while building a solid recurring revenue stream. No state licenses are required to operate this business. Children build their creativity, confidence and lifelong friendships. The programs are specially designed to help young children learn and develop as they play. Their classes also help parents to learn about their child and how to participate in and encourage his or her development -- while enjoying the simple pleasure of playing together. Customer data base of over 10,000. Solid business model with the leading brand in the Industry. Gymboree Play & Music has been fostering creativity and confidence in children ages 0-5 for over 40 years. Today there are over 700 locations in 40 countries, making us the global leader in early childhood development programs. Designed by experts, our age-appropriate activities help develop the cognitive, physical and social skills of children as they play. Our programs are also recognized for their unique approach to parent involvement—which encourages participation in and understanding of each child’s development.


Business Details

Primary Business Category: Social Assistance (incl. Day Care)
Location: New Jersey

Company Information

Year Established: 1987
Home Based: No
Franchise: Yes
Relocatable: Yes
Number of Employees: 1 FT/4 PT

Financial Information

Asking Price: $49,900
Gross Revenue: $72,314
Cash Flow: $2,504
Inventory: $1,000
Seller Financing Available: No

Property Information

Facilities:

2500 sq ft premier retail center in strong demographic.

Growth & expansion opportunities:

Gymboree is a very strong brand and when marketed properly can generate significant revenue. Additional local mailing/marketing is needed to grow the business. Including offering off site classes and parties.

Competition:

There are several child play centers in the area. Gymboree is the leading brand.

Reason for selling:

Growing Family Demands.

Support & Training:

Will train for 2 weeks @ no cost. The owner serves as the manager/director. The seller will provide 2 weeks of training at no cost to the purchaser. Additional training will be provided for a fee. The business is a franchise so the purchaser will receive training and support from the Franchisor as well. The purchaser must apply and be approved by the franchisor in order to purchase this business. There are NO State licenses or regulations that need to be met in order to operate this business.

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Business Listed By:

Russell Miller

Murphy Business Brokers