Listing ID: 76442
Charming arts and crafts studio space for kid’s classes and parties with mobile party kits for offsite events. Steady growth through the pandemic with a strong 2021. Award-winning art curriculum for kids 2-12 years, and top franchise for kids by Entrepreneur Magazine! Your child will create fridge-worthy masterpieces, learn creative concepts and experiment with many different art materials. Excellent reputation in the Broomfield community, and countless opportunities for growth with this exciting new franchise!
Inquire for more details and learn how you can buy a business for as little as 10% down on qualified SBA listings or how to use creative financing options to get a deal done! At Transworld Business Advisors, we are the most active business brokerage in the country – listing and selling the most businesses in the state. Get added to our buyer list today to receive notifications as businesses with your criteria hit the market!
- Asking Price: $129,000
- Cash Flow: $51,654
- Gross Revenue: $153,945
- EBITDA: N/A
- FF&E: $23,188
- Inventory: $2,250
- Inventory Included: Yes
- Established: 2019
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:8
- Furniture, Fixtures and Equipment:N/A
1,400 SF in a mall center.
This Business Is An Established Franchise
The company was founded in 2019, making the business 3 years old.
The transaction will include inventory valued at $2,250, which is included in the suggested price.
Why is the Current Owner Selling The Business?
There are all types of reasons individuals decide to sell companies. Nevertheless, the genuine reason and the one they tell you might be 2 completely different things. As an example, they might say "I have too many other responsibilities" or "I am retiring". For numerous sellers, these factors stand. But, for some, these may simply be excuses to attempt to hide the reality of altering demographics, increased competitors, recent reduction in earnings, or a variety of other factors. This is why it is really important that you not count completely on a seller's word, yet instead, make use of the seller's response combined with your total due diligence. This will repaint a more reasonable picture of the business's current situation.
Existing Debts and Future Obligations
If the existing business is in debt, which many businesses are, then you will need to consider this when valuating/preparing your deal. Many companies finance loans in order to cover things like stock, payroll, accounts payable, etc. Bear in mind that sometimes this can indicate that profit margins are too small. Lots of companies fall under a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may also be future obligations to take into consideration. There may be an outstanding lease on equipment or the structure where the business resides. The business might have existing agreements with vendors that must be satisfied or might result in charges if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do operating businesses in the area attract brand-new consumers? Often times, companies have repeat consumers, which form the core of their everyday earnings. Specific variables such as brand-new competitors growing up around the location, road building and construction, and employee turn over can impact repeat customers and also negatively affect future profits. One crucial thing to consider is the location of the business. Is it in a highly trafficked shopping mall, or is it hidden from the highway? Certainly, the more people that see the business regularly, the better the opportunity to construct a returning consumer base. A final idea is the general location demographics. Is the business located in a densely populated city, or is it situated on the outside border of town? How might the regional mean home earnings impact future earnings prospects?