Hobby Class for Sale in Faridabad, India
Hobby classes business with a proven business model with 2 COCO branches and franchise outlets.
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 114 thousand |
| Run Rate Sales | USD 123 thousand |
| EBITDA Margin | 30 % |
| Industries | Hobby Classes |
| Locations | Faridabad |
| Local Time | 2:46 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
143 thousand
(Native Currency: INR 12,500,000)
Reason: The owner is relocating abroad.
Note to buyers: There is a huge cash element in our business and bu...
View More
Includes physical assets worth
USD
46 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- Business that operates as a music and dance teaching school.
- The brand has multiple branches and offers franchises as well.
- We have 2 fully operational COCO branches and 2 FOFO outlets (one is operational and other is upcoming)
- Total enrolled students in our COCO branches is 500. We need about 30 staff members to efficiently handle our enrolled students.
- The 1 operational FOFO branch has about 200 enrolled students.
- We charge a one-time franchise fee of INR 5 lakh and after initial 9 months the franchisee has to pay us only INR 10,000 fixed royalty every month.
- Buyer will get the entire business which includes our 2 COCO branches and they will get rights to collect royalty from the existing franchisees and they can offer more franchises as well.
- The brand has multiple branches and offers franchises as well.
- We have 2 fully operational COCO branches and 2 FOFO outlets (one is operational and other is upcoming)
- Total enrolled students in our COCO branches is 500. We need about 30 staff members to efficiently handle our enrolled students.
- The 1 operational FOFO branch has about 200 enrolled students.
- We charge a one-time franchise fee of INR 5 lakh and after initial 9 months the franchisee has to pay us only INR 10,000 fixed royalty every month.
- Buyer will get the entire business which includes our 2 COCO branches and they will get rights to collect royalty from the existing franchisees and they can offer more franchises as well.
Products & Services Overview
Top selling courses are western dance, vocals, kathak, and guitar.Our classes are mostly sought by students in the ages 4-18.
Assets Overview
Tangible assets include the assets of our 2 company-owned operated branches. The franchise outlet assets are not owned by us. Assets include:- Furniture of the 2 branches.
- HVAC and air conditioning.
- Recording studio equipment.
- Musical instruments.
Facilities Overview
We have 2 COCO branches.- Our main branch and headquarters are in a multi-storey building in Faridabad. The area is 2,800 sq. ft.
- We have another branch in Ghaziabad of 2,000 sq. ft.
Both our branches are rented and the buyer can continue operations in these branches.
We also have one operational FOFO outlet in Vasant Kunj, New Delhi.
We have an upcoming FOFO outlet in Patna as well.
Capitalization Overview
- No loans or debt in the name of the business.- Single owner business.
Recent Activity
-
Earlier than 15 daysCEO, Education Consultancy, Noida, Corporate Investor / Buyer connected with the Business
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
1 Buyer already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 62,500+ other businesses of all sizes.
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
You might also be interested in these businesses