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Business For Sale
CHILDREN'S PLAY & MUSIC FRANCHISE RESALE
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Asking Price: |
$295,000
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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Retirement |
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Year Established:
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1983 |
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# of Employees:
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2 Full/15 Part |
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Yearly Revenues:
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$325,000 |
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Yearly Cash Flow:
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$110,000 |
Business for Sale Overview:
It has been a great 25 year run, but now the founders and owners of this large and successful children's play and music franchise are ready to retire. Under the banner of the original, largest and most successful franchisor in the children?s play and music arena, this franchise boasts $110,000 of cash flow on record 2007 revenues of $325,000. The growth and profitably of this business are exceptional given that the long time owners have been running the business on essentially an absentee basis for the past year.
With an exclusive territory in the Dallas area, the selling franchisee owns the very strong operating site and two other prepaid territories (along with one set of equipment) which are also available for sale separately at a favorable lump sum price of $49,000.
The operating site, listed at $295,000 is priced at 0.9X revenues and less than 3.0X cash flow, both highly favorable ratios for a large and successful site. In addition, the sellers will carry up to $100,000 in a seller note for a qualified buyer.
The franchise operates out of a large, drop dead gorgeous 3600 square foot space with favorable rent in a great location with ideal demographics. This business has it all: a great site, the best franchisor in the industry, strong revenues, impressive cash flow, and the possibility of a significant seller note.
Property Features and Assets:
3,600 sq. ft. 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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