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Businesses for Sale: Listing Details

 
CHILDREN'S PLAY & MUSIC FRANCHISE RESALE
Seller: Attn: Michael Greengard
Location: East Bay - Pleasanton, CA, USA
Listing Number: "N364-MG"


Asking Price: $179,000 USD USA Dollars
Industry: Recreation: Sports, Exercise, Gyms
Reason for Selling: Difficult Commute
Year Established: 1998
Number of Employees: 5 Part Time
Yearly Revenue: $255,000
Yearly Cash Flow: $65,000

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 franchiser, this location, which was company owned until 2003, generates annualized revenues exceeding $250,000 with a $65,000 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 $179,000 listing price, this business is value priced at only 0.7x revenues, 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 2.75x the $65,000 annualized cash flow.

Property Features and Assets:
2,800 square feet building

Additional Details:

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