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Business For Sale
COACHING & TRAINING MASTER FRANCHISE
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Asking Price: |
$1,500,000
USD USA Dollars
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Business for Sale Industry: |
Services: Professional
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Reason for Selling:
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Other Business Opportunities |
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Year Established:
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2000 |
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# of Employees:
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3 Full Time / 2 Part Time |
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Yearly Revenues:
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$1,200,000 |
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Yearly Cash Flow:
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$600,000 |
Business for Sale Overview:
This Company is a franchise business coaching and consulting firm. The Company is a 'master franchise' this means it revenues are derived from developing and selling other franchises, as well as coaching and consulting services to colleagues. The current owner purchased the master franchise in 2000 and has franchisees that pay royalties every month. The franchisee provides one on one exclusive coaching, mentoring and consulting services for small and medium sized businesses. They provide results in fast sales and profits while giving the business owners their lives back.
The Company is profitable and could be substantially expanded without sacrificing margins. The Company primarily relies on sale of new franchisees and royalties from the existing franchises. The owner is the principal salesperson.
The company has a stellar reputation within the marketplace,which when combined with the foundation that is in place provides a springboard for expansion. There is considerable expansion that can be achieved without the need to add personnel.
The customer base is comprised primarily of franchisees who coach small to medium sized company owners. The upfront investment to become a franchisee is $50,000 plus marketing expenses and regular business set up costs. The franchisee handles about 8 to 15 coaches a month with fees ranging from $1,000 to $5,000 per month, most clients sign up for 12 months of service. The franchisees are very satisfied, enjoy helping other to succeed, have a high ethical standard which makes for a very pleasant group to work with. As the clients start to succeed and see the results they are quick to tell other business owners and referrals start to come in helping the franchisee to grow there business further. The franchise company has many other profit centers besides the one to one coaching which all are strong revenue sources.
The Company is housed in a total of 2,500 square feet facility. Since there is minimal customer visitation to the facility, the business could be relocated without adversely impacting sales. The company employs 3 full-time and 2 part-time, and two contract individuals, including the owner. The owner handles the daily operations of the Company. Employee retention has been excellent, as the majority of the personnel have been employed on a long-term basis. The business operates five days per week.
Currently the owner wishes to look at other opportunities and cash out of this business and has no family to take over the business and is seeking qualified potential buyers. He will provide a transition period to insure a seamless transition.
The consistent revenue growth, proven track record in the market and the powerful brand all make this an attractive business opportunity.
Property Features and Assets:
2,500 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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