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Listing ID: 1867764

Flip Out Hume For Sale

Canberra, ACT, Australia

BUSINESS SOLD

(Inventory / Stock included)

Revenue: not disclosed

Cash Flow: not disclosed

Business Description

There are plenty of reasons that you would want to own this business:

• Growing profits and high sales!
• Management systems that allow the owners to work part-time hours for full-time results.
• Bank backed finance (60%)
• Significant value in plant and equipment
• Low rent on an sqm basis

It's only the beginning. The business is less than 18 months new, and monthly sales continue to grow as happy customers refer friends and family.

This franchise business aims to solve a problem in the kids and teenager entertainment and fun fitness market, and the performance of this and the growing network of stores around Australia - the business has nailed it!

A low-cost entry price, plus an array of activities and plenty of options for kids and parents alike, means this one is always a winner!

You don't need to have kids to own it, but you'll need to be prepared to employ them to operate it. Yes, that's right, a million investment run in the hands of teenagers - mostly under the age of 20. That is just one of the benefits a systemised franchise offers- successful staff recruitment, lower wages and less owner involvement.

The proven results of the franchise system have convinced the banks (known for their Scrooge-like lending policies) to back the business. Up to the value of 60% of the sale price.

At this point and having done this job for a quite a while most buyers ask the question "the why are they selling it". I asked the same thing myself. The simple answer - a change in owner circumstance.

The current owners believe that the real super profits will flow in the years following establishment, why you ask? Because comparable franchise store performance suggests that business maturity occurs at about 24-36 months.

Property Details

Inventory Value:

AU$ 5,000

Other Details

Business Location:

Canberra

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