Business Overview

Proven market nationwide (341 other franchises) and demand confirmed in Tucson. Seller has done all the hard work, initial investment of almost $300K getting it going in early 2020.
Includes existing customers, build out, and all the tools for Turn-Key purchase. No coding experience required. Offers finest programming curriculum for kids as the #1 after-school coding franchise system. Franchise territory rights and very little competition. Unlimited growth potential.
Perfect time for new owner’s energy and expanded hours and community outreach….add more days, more events, more coordination with the families who are yearning for their kids to learn state-of-the art programming thru games, videos.
Check out national franchisor to see the bargain we are offering. Small transfer fee. Then reach out to broker William Swan by email or phone for NDA and to learn more and set up a tour and meet owner. codeninjas.com/az-tucson

Financial

  • Asking Price: $75,000
  • Cash Flow: $22,000
  • Gross Revenue: $96,000
  • EBITDA: N/A
  • FF&E: $40,000
  • Inventory: $1,000
  • Inventory Included: Yes
  • Established: 2019

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:3,200
  • Lot Size:N/A
  • Total Number of Employees:2
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Centrally located at Prince and Campbell. All new , spacious, well-designed construction fully equipped with all the tools, technology and furnishings for ideal fun learning center---reception area, classrooms, office, staff space, lobby.

Is Support & Training Included:

Seller will orient, provide transition assistance and center level training following 3 day Franchisor training at Code Ninjas University and continue with follow-on support. Additional on-line and social media groups of other franchisees support.

Purpose For Selling:

Other interests

Pros and Cons:

Only Code Ninjas in Tucson. Only dedicated coding center for kids in area by providing unique curriculum-based coding, robotics & STEM education for kids 5 to 14. Inquiries continue and constantly asking for special events, classes, programs.

Opportunities and Growth:

Potential almost unlimited. Seller will guide new owner for immediate growth. Has draft of curriculum that takes revenue up by a factor of 5, e.g. seasonal camps, clubs, esports offerings, robotic competitions, the Skys the limit. Receiving inquiries from parents every day. Profits will soar with an hands-on owner with additional hours and days and programs.

Additional Info

The venture was established in 2019, making the business 3 years old.
The transaction will include inventory valued at $1,000, which is included in the listing price.

The company has 2PT employees and is situated in a building with disclosed square footage of 3,200 sq ft.
The property is leased by the company for $3,500 per Month

Why is the Current Owner Selling The Business?

There are all types of reasons individuals resolve to sell businesses. Nonetheless, the real reason and the one they say to you might be 2 absolutely different things. As an example, they might claim "I have a lot of other obligations" or "I am retiring". For numerous sellers, these factors stand. However, for some, these may simply be reasons to attempt to conceal the reality of altering demographics, increased competitors, current reduction in revenues, or an array of various other factors. This is why it is extremely vital that you not count totally on a seller's word, however rather, use the vendor's solution combined with your total due diligence. This will paint an extra practical image of the business's current scenario.

Existing Debts and Future Obligations

If the current company is in debt, which many companies are, then you will certainly need to consider this when valuating/preparing your deal. Lots of companies borrow money so as to cover items such as stock, payroll, accounts payable, and so on. Keep in mind that occasionally this can suggest that earnings margins are too small. Numerous companies fall under a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may likewise be future obligations to consider. There may be an outstanding lease on equipment or the building where the business resides. The business might have existing contracts with vendors that need to be met or may lead to charges if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do businesses in the area attract new consumers? Many times, businesses have repeat clients, which develop the core of their day-to-day profits. Certain factors such as brand-new competition growing up around the location, road construction, and personnel turnover can impact repeat customers as well as adversely affect future incomes. One crucial point to take into consideration is the placement of the business. Is it in an extremely trafficked shopping center, or is it concealed from the main road? Certainly, the more people that see the business often, the better the opportunity to develop a returning consumer base. A final idea is the general area demographics. Is the business situated in a largely populated city, or is it situated on the outskirts of town? Exactly how might the local typical family earnings influence future revenue potential?