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Our Science and Engineering activities business unit offers after school activities in the form of science hands on activities program for kids aged 6-16, Lego engineering projects for 6-12 yrs and projects for 3-6 yrs. We have access to a significant number of premium schools in Dubai, Sharjah and Ajman.
The unit is profitable and has the potential to grow aggressively. For this it needs full time attention to take it to the next level by expanding the base offering to non-science activities as well as focusing on school workshops and birthday parties. The core team is comprised of 3 full time employees and the rest are part time staff.
Current profitability is 14%, forecast for 2020 is 23-28% with current offering
Income: AED 800K
Expenses: AED 620K
Asking Price: AED 300K lump sum or
AED 200K up front with 12 payments of AED 10K per month
No brick and mortar set up required
Significant expansion potential to include more after school activities using the same entry point in existing schools.
Science program has very limited competition
Lego program has significant competition but after initial understanding of the program,it becomes clear that the product is for the younger ages and not robotics or mindstorm.
Program has very limited competition
Needs full time focus which we cannot provide as core business is set for expansion in 2020
1pm to 4pm
The programs are franchises which are transferable. All royalty costs are part of the expenses incurred so no hidden expenses.
12 month payment plan
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