Total of 18656 firms and businesses for sale today Sunday 28th April 2024
Time to Sell or Time to Buy !

Business For Sale. Lollipops Franchise - Tauranga

LISTING DETAILS
Firms For Sale ID:
31369
Vendor reference:
14784
Vendor website:
     
Printer Friendly
      
Contact Seller
      
Goto Website
More Like This
      
Email Search
      
Add Notes
BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$195,000  
Turnover / revenue:
Undisclosed
Net profit / cashflow:
Undisclosed

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
Image Not Found
BUSINESS DESCRIPTION
Lollipops Playland and Cafe is a franchise operation and is one of six in New Zealand. The business is housed in a purpose built building in Windemere, Tauranga. The exclusive territory covers the greater Tauranga and Western Bay of Plenty.

The depreciated plant and equipment value is $240,000, however the owners are happy to sell at a mark down value of $190,000 with stock and goodwill only $6,000. The potential is huge when compared with other franchise operations in the country. A new start-up franchise with a similar set up would equate to approx. $400,000+.

The business operates 7 days, 9 am to 5.30 pm.

It is not a child care facility but a playland. However during school holidays it has in the past participated in the Oscar Program that provides special holiday programs for children. This service is partially funded by WINZ and if the new owners re introduced this option it would increase sales and profits of the business.

There is also an opportunity to provide 'before school' and 'after school' care.

The national office of Lollipops provides marketing initiatives and support to the franchisee. Also there is good communication and a sharing of ideas between franchisee.

The owner, Susan, is one of the 3 full time employees and they also bring in part-timers as required from a pool of about 15.

The cafe on-site caters for all the birthday functions, casual snacks for children and parents, and also enjoys income from surrounding business as the local food outlet. This also could be expanded if so desired.

If you love seeing kids beam from ear to ear playing on some amazing equipment, holding birthday parties for the littlies and all the fun that goes with this...then this business is for you.

Lots of potential and the strength of a strong franchise lets you make a good salary while building your business and having fun all at the same time.

The vendors have put the business back on track and are now very motivated for a new owner to take over as soon as possible.