Successful EdTech Franchise in Greater London

Orpington
REF: INT2060

Asking Price:
£60,000
Annual Turnover:
£60,000
Annual Net Profit:
£30,000
REF: INT2060
Photo of Successful EdTech Franchise in Greater London
Photo of Successful EdTech Franchise in Greater London
Photo of Successful EdTech Franchise in Greater London
Photo of Successful EdTech Franchise in Greater London

Overview

Tenure:
Relocatable
Established:
2018
  • Excellent Reputation
  • Low Overheads
  • Well Equipped Business
  • Equipment Included
  • Secure Contracts

This is a unique opportunity to acquire an extremely popular edtech franchise currently operating in Greater London.

The club has proven to be extremely popular in the local area, aiming to teach children how to create robots and program them using their own initiative. The goal is for their participants to not only follow instructions but to have fun, get curious and potentially pursue STEM careers.

At present, the club operates in over 15 primary schools in the Bromley area, hosting their exciting sessions after school, as well as offering school day sessions and workshops during the holiday. Operating as a franchise, each club is run independently and pays 25% of its takings to the business.

Combining standard tutorials with the company’s expertise to create highly instructive and fun sessions for children, the business is quickly growing in popularity and now has a fantastic reputation.

The business operates as a franchise. The current owner runs the business, however, each afterschool club is then run independently. 25% of each club's takings are then paid back to the business. They have 5 members of staff who run the 15 clubs, with multiple extra team members available where needed.

The nature of this opportunity, therefore, does mean the business could be relocated as best suits a new purchaser. However, it may be beneficial to remain close to the Bromley area at least initially.

At present, the schools they work with are predominantly in and around Bromley, but the proven success of the business so far means a new purchaser could very easily expand into new schools across London and beyond.

The equipment is owned by each afterschool club separately, therefore, is not included in the sale price.

Potential within this educational business is great – they have already made a name for themselves within the local area and proven the concept. Therefore, there is no reason why this model couldn't be scaled out even on a nationwide basis.

Expanding hours at existing schools and working with community centres to organise host additional sessions could see great benefits.

Their growth to date has generally been as a result of word of mouth advertising. However, focusing on digital marketing strategies and social media channels could increase brand awareness and help the business grow at an accelerated rate.

Features

Online Presence

  • Facebook: Yes

Website: www.outoftheboxclub.com

Location

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  • Home Based

Financial & More

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Annual Net Profit
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Number of Employees
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Current Ownership
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