My Little Princess Party Franchise in Worcester Worcestershire - Successful Children's Entertainment
Undisclosed
- Status
SOLD / WITHDRAWN
- Date Submitted:
26/07/22
- Advert ID
299554
- Reference
childentfranchiseKS / Rightbiz
- Call Agent:
- Asking Price: £29,950
- Turnover: £60,000 (£1,154 Per week)
- Net Profit: On request
Key Features
- Attractive Business
- High Turnover
- Established Business
- Offers Invited
- Home Based
- Unique Business
- Retirement Sale
- Small Business
- Accounts Available
Business Details
My Little Princess Party Franchise Midlands
City Business Brokers are delighted to bring to the market this very successful Children’s Entertainment Franchise which mainly covers the Midlands and Gloucestershire areas. The business provides trained entertainers for children’s parties as Princesses, Superheroes and Pirates as well as many other characters.
· Home-based business
· 7 self-employed entertainers
· Trading - hours to suit
· Stock circa £5,500 is included in the Asking Price
· Turnover £60,000-£65,000 per annum
· Profit £30,000-per annum
The franchise is part of the largest children’s entertainment company in the UK. Our client established and built-up her franchise area in 2017 – there being no existing franchise in the local postcodes and no local entertainers – and is now only selling due to her wish to take a well-earned retirement.
The business model is one where the Franchisee can also be an entertainer, providing two income sources. In June 2021 as the lockdown finished, our client recruited and trained a new set of entertainers and invested heavily in advertising and the business is back up to its pre-covid levels and has been continuing to grow steadily since. Average monthly figures are 27 parties and 33 entertainment visits. The franchise has a large social media presence and following, has excellent reviews and a strong, well-trained team.
Opportunities:
· Scope for massive growth as only currently selling to 50% of the franchise area
· Could expand to 10 entertainers
· Growing demand due to popularity of Disney/Marvel
We feel this is a wonderful opportunity and viewing is highly recommended.
A full profile is available once a non-disclosure agreement has been signed.
All enquiries to City Business Brokers.
All above information is provided by the seller. City Business Brokers makes no representation or warranty as to the accuracy of this information.
All arrangements to view are strictly by an appointment through the offices of City Business Brokers and no approaches whatsoever should be made to the owner or the business.
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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