Gymboree Play And Music Franchise In Greater London For Sale

Business description

Well established Gymboree Play & Music franchise for sale as a going concern.

Located within M25 in Greater London within major shopping centre complex.

Franchise is being sold as a limited company with all key supplier contracts in place.

Franchise is fully upto date with all compliance, regulations and health & safety requirements.

The franchise is being sold as a "turnkey" operation.

Property information

Property:

Leasehold

Lease terms:

Details of lease terms and conditions available on further enquiry.

Location:

Greater London within M25. Currently located within a strong customer catchment area.

Franchise territory covers 9 postcodes.

Opportunities exist to grow the business into a multi-site franchise or remain as a single site operation.

Premises details:

Leasehold operating from an established and up-market shopping centre.

Significant potential exists to expand the franchise into multi locations within existing territory.

Current site supports Gym, Music, Arts classes and Birthday Parties. Site is fully maintained and is being sold with full assets and equipment.

Size in square feet:

>1500 sqft

Planning consent:

Site is currently allocated D1 usage by local authority

Business Operation

Expansion potential:

Opportinity exists to increase the following

- drop-off classes for 3-5 year olds
- birthday parties
- Gymboree On-The-Go sessions
- multi-site operations

Reasons for selling:

Re-investment into new venture.

Trading hours:

Business is open for classes and parties 7 days per week and can trade from 9.00am to 5.30pm each day

Employees:

7

Years established:

Since 2003

Franchise terms

Franchise opportunity:

Yes

Franchise is being sold by share purchase in the limited company which owns the franchise agreement. Franchise is a standard Gymboree UK franchise agreement.

Other information

Support & training:

Full franchisor training & support will be provided to new owners. Standard Gymboree new franchisee training guidlines and procedures will apply. Sellers will assist in the operational handover and initial running for the new owners.

Financing available:

None

Furniture / Fixtures value:

£50,000 (included in the asking price)

Inventory / Stock value:

£10,000 (included in the asking price)

Relocatable:

This business can be relocated.