Highly rated Educational business for sale
- Asking Price: £350,000 +SAV
We are advised as per the 2021 accounts, the business generated a turnover in the region of £180,000, with an adjusted net profit in the region of £85,000. Full financials can be made available upon further request.
Please quote reference B06962
- Tenure: Leasehold
Please quote reference B06962
Hilton Smythe is delighted to welcome to the market Science Zone UK, a well-established and highly rated educational company. The business was established over 20 years ago, only now is this fantastic opportunity brought to the market as our client is looking to retire.
Science Zone UK offers a vast array of services, with 4 income streams -
School and educational centre visits – The business has excellent relationships with many schools and educational centres, providing science shows led by trained presenters. School services include coding and robot building, Planetariums with dinosaurs and space, fizzy science, Luminous science, and arcade gaming creation, to name a few. The workshops cater for children from age 5.
Science Zone – A fun and exciting activity centre based in the centre of Bournemouth. Science Zone has a sensory room, dinosaur den, fossil shop and main workshop area. Activities include planetarium shows, fossil digging, science experiments and Lego workshops and private parties to name a few. The premises are leased on a fixed term basis with a rental of £22,000 per annum, plus a £2,000 service charge.
Code Ninja - In 2020 our client embarked on a Code Ninja franchise. The franchise provides education in coding and game building, to STEM and robotics. The franchise is still within the early stages, however, is proving to be an excellent addition to the company. Code Ninja works on a subscription model, with customers subscribing monthly. The franchise fee is 12% of the subscriptions which are retailed at £60 per calendar month. Code Ninjas subscription target is 100 members, currently in the region of 65 now (as of June 2022)
Planetarium Service - Science Dome U.K. headquarters is based in the Science Zone and this sister company is offered as part of the sale. It is a U.K. wide science outreach visiting schools, clubs, nursery setting and public events with a planetarium and 360 degree immersive projection dome. We currently have domes based around the country from London to Leeds servicing local schools allowing in the range of 500 schools per annum to be covered. School programme of over 20 different shows includes dinosaur shows and under the sea in addition to the planetarium. Fully licensed content and market leading owned planetarium software (Digitarium) allow creation of different shows. A range of public events are completed including outreach in, for example, shopping centres, university ball events, festivals, museums, local authority events with licensed outside planetarium domes. We have a team of science presenters around the U.K. in place.
Since establishment the business has built up an excellent review status with google reviews stating;
- ‘My daughter and I absolutely love going to the science zone. She's 5 but we started going when she was a pre-schooler and now go nearly every school holiday. The experiments are fun, and the dome sessions are amazing. The best thing about it is the staff who are enthusiastic and work so hard to make it fun and educational for everyone. I can't recommend it highly enough!’ and ‘As a local Childminder we have attended many preschool workshops at the science zone. The children absolutely love it! They learn so much and it has promoted a love of science and natural history. The staff are so friendly and the workshops are delivered to a very high standard!’
Reasons to buy -
- Excellent reputation
- Well established
- Fully staffed with a strong management team in place
- Handover period offered
- Increase Science Zone opening hours
- Push advertising
- Embark on festivals
We are advised that the business has 10 full-time and 7 part-time members of staff.
The business hours are -
Monday - Closed
Tuesday – 13:30 – 16:30
Wednesday – 13:30 – 16:30
Thursday – 13:30 – 16:30
Friday – 13:30 – 16:30
Saturday – 13:30 – 16:30
Sunday - Closed
The business is located at The Royal Arcade, Boscombe, Bournemouth, a popular town on the south coast of England and ideally situated in a prime trading location within a busy Shopping Centre
The Arcade is home to an abundance of complimentary retailers, leading to an excellent level of footfall along with passing trade.
Dorset is one of England’s leading coastal holiday destinations, as a result the area is very well serviced in terms of local amenities along with major transport links to and from the town.
Science Zone is extremely well presented with excellent eye-catching signage. Due to the fantastic location, there is a great amount of footfall.
The premises briefly comprise of the main service area, a separate sensory room and fossil shop.
The area at the front of the shop has ample space for attractive displays which attracts the passing shoppers.
We are advised that the business is being sold on a Leasehold basis, with the current lease on a rolling agreement. The rent is £1,833 per month.