Kids Services Business In New York City For Sale

Business description

This recession proof service business offers multiple services to kids and parents in a fun environment. They offer Franchises and Master Territories to people throughout the US, Canada, Europe, UAE, India, South America, and Middle East. They receive monthly payments from franchisees (royalties) that provide a recurring revenue stream, as well as upfront franchise fees for the purchase of franchises or territories. They have been rapidly expanding through years 2010, 2011, and Q1/2012, with worldwide commitments for 245+ stores as of 11/30/2011. The businesses projected income for 2012 is $1,754,900 based on commitments they have in the pipeline and their continued growth trajectory. For 2013 the projected income is $2.8Million. The combined revenue for their franchise stores for 2011 was approximately $10 Million +/-. They are looking to take on an investor/partner that will help with the growth of the business and operations in order to help them meet their expectations of $6,000,000+ net income by 2017. Depending upon the level of equity stake, they are looking for an investment of between $3,000,000 to $7,000,000. They have relationships with banks and financing companies so that new franchisees can buy a franchise, multiple stores, or territory, with a relatively quick process (SBA lending, IRA or 401k rollovers, etc.). They are currently sitting at #2 in their industry and have very limited competition in this niche/recession proof market. Based on their current growth they are projected to be #1 in this franchise industry within 10-24 months. Seller would like to stay on long term and help a new partner to grow this business. Reason for sale: Owner would like an infusion of limited capital and assistance with managing the operational aspects of the growth, with the willingness to offer a percentage of the business.

Other information

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Seller will consider providing some seller financing