Business Overview:
Great price with lots of upside potential! The owner invested approximately $300,000 to start this business.
In business since Feb 2020, this small indoor swim school franchise is located in southwest Houston. Most students are kids from 3 to 12 years old. The school specializes in small class sizes which really helps students learn to swim more quickly and confidently. This is a great location with excellent opportunity for growth. Lots of homes, schools, and potential students nearby!
The business for sale is located in an upscale shopping center and occupies 2,000 square feet. There are five years left on the lease plus two option terms. The rent including CAM is $6,705 per month.
This business currently has 3 part time swim instructors plus a full time manager. Per seller's 2021 financials, revenues were $197,000 with $37,000 in seller discretionary earnings. The listing price includes FF&E of $15,000 and Leasehold Improvements of $195,000. The owner has several businesses and doesn't have enough time to dedicated to this business. He will provide two weeks of training to ensure a smooth transition.
This business is perfect for an owner-operator with swimming or teaching experience. It would also be a great fit for anyone that enjoys working with children. It's a very simple business model with low overhead.
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Reason for Selling:
other business interests
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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