This California business in the San Francisco Bay Area that teaches school children grades K-5 to play chess and gain an advantage in intellectual development. The company’s owners and employees are committed to helping kids grow in mind and character with a strong emphasis placed on sportsmanship and mental challenges.
Chess teaches children important life skills such as critical and abstract thinking, creative problem-solving and patience, and warns children that the choices they make can either help them or hurt them. The program is designed so that every child can be successful.
Because chess can sometimes be confusing especially to small children, the business offers professional instruction to all levels, with a special curriculum designed specifically for Kindergarten and Pre-Kindergarten.
All instructors are carefully screened including a background check; they receive excellent wages. Classroom policies and are designed to ensure the utmost in child safety.
The owners have also reached out to a Bay Area juvenile hall facility on a volunteer basis to teach troubled youths how to play chess, along with making better life choices and gaining productive life skills.
In April 2006, the owner launched the business. as a sole proprietor with 40 students at three school locations. By the fall of 2006, the company gained nine school locations and 90 students all by telemarketing. The company has since grown to a student population of approximately 300.
ASSETS INCLUDED IN THE SALE
• 4+ years of chess curriculum for grades K-5
• Chess boards and pieces
• Web site domain
Gross Income: $168,184
Adjusted Net Income: $120,250
Asking Price: $240,000