Kids Coding Franchise Great Potential Seller Fin.

The Woodlands, TX
Montgomery County


Asking Price: Annual Revenue:
$105,000 $48,355

Services: Education & Training


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RE: Kids Coding Franchise Great Potential Seller Fin. Broker: Rusty Fisher
Owner Financing is Available!

Quick Facts

Asking Price: $105,000
Annual Revenue: $48,355
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $93,000
Real Estate: Not Disclosed
Year Established: 2019
Employees: 55
BBN Listing #: 923944107
Broker Reference #: 76931-772216

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Business Overview:

Asking price is half of asset value! LH $110k, FFE $93k, Inventory $2k. Located in growing area on the north side of town, this beautifully designed franchised business teaches children to code through the construction of video games, robots and drones. There are multiple revenue stream opportunities to exploit and the after-school program has been approved by 2 local schools so far. The seller has a full-time job and was recently transferred away from the center. Prior to the transfer the seller was able to check on the business daily. Now it is being run absentee and this is a great opportunity for a hands-on owner to step in for half of asset value and and grow the business. The Houston market is closed to new franchises. Seller financing is available for the right buyer.

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Property Features and Assets:

The Franchise Location was opened on May 4, 2019 by the seller. The planned March opening was delayed for permit issues and the opening came too late in the year to fully capitalize on opportunities for Summer Camps and the drop-in program. The after-school program which requires approval from schools was also impacted by the delay. Despite the delay revenue increased nicely last summer demonstrating some of the opportunity. The business has been run by the seller who has a full-time job outside of the business and was recently transferred to an office too far from the center and is not able to maintain the level of involvement needed to grow the business. Newer shopping center with good parking in a great location near a major intersection. The leasehold improvements are extensive and the color scheme is bright and inviting.

Market Competition and Expansion:

The demand for coding knowledge is growing every year as seen by the rapid growth of the number of franchises in the system. Potential Growth A more involved owner has a great opportunity to build the business by focusing on increasing enrollments in summer camps, the after-school program, in-school programs, and the junior program. These opportunities would benefit from an owner who is involved on a full-time basis.

Reason for Selling:

Relocating

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

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