Featured Brokers
CONFIDENTIAL SALE
FOR SALE
06/01/24
604644
GO2378 / Rightbiz
Jam Coding
Turnover: circa £55k
Adjusted Net Profit: circa £28.5k
BUSINESS OVERVIEW
Established: 2021
Primary Offerings: Educational coding and programming sessions as the franchise holder for the Medway area.
Target Audience: Schools, businesses, and parents of children aged 3-14.
Website: https://www.jamcoding.co.uk
FRANCHISE HIGHLIGHTS
Turnkey Business Model: As a franchisee, benefit from a tried-and-tested model which covers all aspects of business operations.
Brand Recognition: Leverage the strong market position and reputation of Jam Coding.
Ongoing Support: Receive comprehensive training, support with marketing, session materials, and continuous guidance.
Flexible Work Model: Franchisees have the flexibility to decide their working hours, perfect for maintaining a work-life balance.
FINANCIAL INFORMTAION
Annual Revenue (2023): £55k
Net Profit (2023): £28.5k
Assets: £10,000 (Computers, teaching materials, and other resources.)
REASON FOR SALE
The current franchisee is looking to pursue other interests through a relocation and believes that a new, enthusiastic owner can capitalize on the already established customer base and further expand the franchise's reach.
GROWTH POTENTIAL & OPPORTUNITIES
Market Expansion: With the increasing demand for digital skills, the potential to expand to new schools and regions is significant.
Diversification: Opportunity to introduce new courses, such as advanced programming, robotics, or game development.
Online Reach: With the post-pandemic shift to online learning, there's potential for offering more online sessions and courses.
Growth: Incoming operators can further expand their reach by offering holiday clubs, online tutoring and 1-2-1 sessions.
SALE INCLUSIONS
Transfer of Franchise Rights: Full rights to operate under the Jam Coding brand in the designated territory.
Assets: All tangible assets, including computers, teaching materials, etc.
Training: Handover training for a smooth transition.
Existing Client Base: Introduction to and transfer of existing school and business contracts.
FURTHER INFORMTAION
Don't miss out on this incredible opportunity to own and grow this unique business with an exceptional branding presence.
Further information is available by speaking with us
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
Get Solicitor
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