This successful and easy to operate children’s sports and STEM education franchise has been operating in Honolulu, Hawaii for many years. After years of investing in marketing they have developed a strong repetitive customer base. This home-based and high profit margin business is offered for sale due to the owner’s pending relocation to the US mainland.
Diamond Financial, one of the US’s largest SBA loan providers has pre-qualified this Business for a qualified buyer to obtain the following loan: Amount: $481,900; Term: 10 years; Rate: 2.75% plus Prime, variable; Monthly payment: $5,350.
This well-regarded franchised business is focused on providing children, between the ages of 2 to 12 years old, with a broad variety of different sports instruction and STEM classes so they can have a breadth of experiences.
They market through two channels: (i) they work with public, charter and private schools to market these programs to their students, and (ii) they also market directly to children and their parents through their very professional websites; both marketing channels complement each other. They offer these courses and programs either at the schools or at a Honolulu Park.
This is a low-cost operation, they have no office and are home-based, and the owner works on average about 15 to 20 hours per week and she employs teachers and coaches to do most of the instruction and coaching. The direct to customer invoicing is set up on an automatic monthly credit card billing cycle. The franchisors have provided a fully developed and detailed curriculum with comprehensive instructional aids, so the programs are already set up and the owner and her teachers/coaches do not need to prepare any lessons plans or the like. This curriculum is all conveniently organized on the password protected Franchisers’ websites.
By 2019, the last full year before Covid-19, the business had grown to annual sales of $566,500, which generated over $326,000 of owner’s profits (“Seller’s Discretionary Income” or “SDE”).
To get a detailed Confidential Business Profile about this business with tax return-based financials and other important information, please contact Hawaii Business Sales.
Relocation to mainland