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Business For Sale
CHILDREN'S PLAY & MUSIC FRANCHISE RESALE
Attn:
Michael Greengard
East Bay - Pleasanton, CA, USA
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Listing Number: "N364-MG"
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Listing
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Asking Price: |
$139,000
USD USA Dollars
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Business for Sale Industry: |
Recreation: Sports, Exercise, Gyms
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Reason for Selling:
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Difficult Commute |
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Year Established:
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1998 |
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# of Employees:
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5 Part Time |
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Yearly Revenues:
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$245,000 |
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Yearly Cash Flow:
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$60,000 |
Business for Sale Overview:
Despite ten years of success for this busy, attractive and high revenue children's play and music franchise, the seller is worn out between the combination of a long commute and her customers having to struggle with her thick foreign accent. Her solution: sell the franchise at a favorable price to an eager and energetic buyer.
Under the banner of the largest, most successful and originating children's play and music franchisor, this location, which was company owned until 2003, generates annualized revenues exceeding $245,000 with a $60,000 cash flow. The franchise shows steady year over year growth with five month year-to-date 2008 revenues up 16% from the same 2007 period.
With a $139,000 listing price, this business is value priced at only 0.57 times revenue, well below the industry average for larger locations and significantly less than the cost of opening a new franchise. Unlike new businesses, this franchise resale comes with a loyal and expanding customer base; trained and experienced teachers; outstanding territory demographics; and most importantly, a positive cash flow. In fact, the attractive listing price is only 2.3 times the $60,000 annualized cash flow.
For more information on this excellent business opportunity and to learn how you could become overnight a meaningful part of the fun and exciting children's play and music industry, please call our office at (616) 285-8121.
Property Features and Assets:
2,800 square feet building
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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