Code Ninjas Franchise In Maidenhead For Sale

Property Information

Location:

Business runs from a Meeting room. The room is hired on hourly basis which includes all the furniture, Wifi, Electricity etc. so no over head expenses. The business doesn't have any business rates or VAT on rent as bulk booking gives us VAT discount.

Premises Details:

Meeting Room

Business Operation

Expansion Potential:

Company recently got approval for accepting Child Care Vouchers which were not allowed so far. This will add directly to the profit line

Competition / Market:

None

Reasons for selling:

Need funds to expand other ongoing businesses.

Trading hours:

As its a business which provides coding education to young children so it operates after school timings. Currently we open following days: Monday 16:30 - 19:30 Wednesday 16:30 - 19:30 Thursday 16:30 - 19:30 Saturday 10:30 - 13:30 Sunday 12:00 - 14:00 Total 14 hours a week

Employees:

11

Years established:

1

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

Its a Straight Forward Change of Ownership after paying Head Office fees.

We have already paid initial charges to Head Office which doesn't need to be paid again.

Franchise Fees £12,000
Staff Training Cost £7,500
Physical Marketing Materials which is to be always displayed while operational £3,500
PR Media £1,200

Other then this We have got DBS for all employees in place which costed around £500 and also First Aid Training costed another £500 which was done by senior employees.

These expenses are all included in Sale Price.

Other Information

Support & training:

We already have a team in place who is running the business. The team includes: 1 Full time Centre Manager 1 Assistant Manager (P/T) 1 Head of Technical Support (P/T) 1 Camps Manager (P/T) 1 Digital Marketing Manager (P/T) 6 Sensei's (Teachers) (P/T) All above mentioned employees are DBS clear. New owners doesn't need to be from a IT background as a curriculum is already in place which the whole team is trained into. If new owners are from IT they can always become active workers with in the business. As of now we don't get involved as are not from IT background and the fully trained team is running the operations. We play the role of just supporting business from outside.

Furniture / Fixtures value:

£3,500

Inventory / Stock value:

£30,000 - included in the asking price

Relocatable:

This business can be relocated.