Home-based School Fundraising, Hi-Growth 19748
Company is a well-established, explosively growing fundraising business providing full-service fundraising, focused on participant leadership and fitness, to schools & PTA’s in the Fort Worth, Texas and surrounding areas. The program has grown explosively because: 1) the company runs a hassle free start to finish fundraising program (relieving the school or PTA leadership from operating the program) and 2) the company has a PROVEN track record of raising more money than other fundraising solutions. A new owner-operator has many growth opportunities and will build on the existing strong team of youth service minded, enthusiastic employees. The Seller can prove all financials, including cash flow, with matching tax returns.
If you have been involved in organizing and administering a school fundraising program, then you already understand the challenges to parents/volunteers: need to run fundraiser from start to finish, estimating quantities, making sure all money is in, sorting and delivering products, dealing with order mistakes, etc.. Based on survey results – teachers, parents and PTA’s much prefer this fundraising system over any other fundraising option (eg candles, cookie dough, gift wrap, chocolate bars, ….). This program typically raises average 70% MORE net $$ to the School or PTA.
The program is contracted with school Principals or PTA’s (Parent Teacher Associations). As owner of this business you will provide a hassle-free fundraising program for schools that combines the power of a strong youth leadership curriculum while promoting fitness. Students love the program and so do the parents, teachers and school administrators. In fact, the business enjoys 95% approval ratings by teachers and school administrators and a 93% rebook rate. On average 70% of new business comes from referrals through existing clients. The seller’s business plan shows 30% annual growth for the next several years with the potential to SIGNIFICANTLY beat this. 2017 Sales are on track to hit $950,000 with cash flow to owner of $285,000.
The asking price for the assets of the business is $600,000 with $350,000 cash at closing and $250,000 seller financing to a buyer qualified/approved by the seller for 5 years at 6% (monthly payments of approximately $4,833.20/mo). All financing is to be personally guaranteed. The assets include inventory at cost of $5,000, Accounts Receivables of $0 and FFE (Furniture, Fixtures and Equipment) valued at ~$60,000.
For information, reference Home-based School Fundraising, Hi-Growth 19748 and contact Jeff Adam, PE, MCBC, FRC, CBB at Adam Noble Group, LLC
Phone: (817) 467-2161
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