Loading Contents...

Los Angeles Westside

  • Listing No.: 130-00193

  • Category: Service

Asking Price $207,000
Down Payment
Gross Revenue $360,703
Total Adjusted Net Income $69,211
Equipment / Fixtures $10,000
Year Established 2014
General Location Los Angeles Westside
Print This Listing

Do you have a passion for foreign languages and want to make it your business? This language school has an established group of students including children and adults as well as a native-speaking teacher pool for 20 languages. The school features several teaching rooms, its own teaching method, office management staff and processes, teaching material and store. If you want, you can continue as absentee owner but if you enjoy teaching languages, you can teach your own classes. You can continue on the established solid trajectory or boost advertising with corporate accounts to grow. The location allows to expand the space over time based on demand.

Gross Revenue $360,703 Listed Price $207,000
Total Income $69,211 Down Payment
Base Rent $4,822 Square Feet 1428
Total Rent $4,822 Lease Expiration 1/2022
Rent Deposit $3,927 Lease Options
Inventory $11,000 Leasehold Improvements $0
Equipment / Fixtures $10,000 Other Assets $500 (signage), $5,000 (teaching and office supplies)
Full-Time Employees Training Period 2 Weeks
Part-Time Employees 2 Special License Required None, there are optional certifications
Contract Staff 40 Reason for Selling Relocation

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.