Est 22yrs Play & Music Franchise (Membership Model!)
Listing: #HT00023Fernando Saldivia
Broker | Houston
About this Business for sale in Houston
Est 22yrs Play & Music Franchise (Membership Model!)Opportunity to buy an established franchise, specializing in hands-on children's classes (music, art), themed parties and birthday parties. Located in Missouri City on main thoroughfare. No daycare license required. No evening hours. Franchise technology allows parents to easily reserve spots through franchise app for 45 mins per class. Typical ages are from 1-5 yrs old. Subscription model generates consistent recurring revenue. Over 125 active members. Rent $5,000 for 2,600sf space. New owner will receive long-term lease. Royalties 9-10%. Buyer to pay franchise transfer fee of $18k. Owner invested over $200k, including approx $80k in new equipment and flooring in 2017-2018. Owner runs semi-absentee. Hurry before this one is gone!
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.