345000 visitors per month
537 customers currently online
90 assets sold yesterday
Currency: $ (USD)
Language: English (EN)
One of the leading marketplaces for buying and selling business and commercial assets
The most efficient way in India to buy and sell businesses and assets
HELP Fix for $€

Franchising | Skill Samurai

US$ 73 163
  • Total investments: 
    US$ 80 479
  • Payments: 
    7% of turnover
  • Payback period 
    24 months
  • Country of origin 
    Canada
F204856
26.02.2024 at 14:06     Relevance check: 26.02.2024

Description

Kids coding and math school.

Great opportunity for an existing Skill Samurai Franchise

Classes and camps currently running in Mississauga and rental locations secured with favourable pricing. Territory is the NW quadrant of Mississauga.

Website: Professionally developed with sales and customer management tools. Owners have flexibility to manage certain published information unique to their location (ie. schedules, locations, camps).

Reputation: Strong, heartfelt 5* Google reviews from parents and growing student base. Also have established relationships with local schools with potential after and in school programs being discussed.

Infrastructure: Fully equipped with sales tools, website, support network, thousands of hours of established curriculum and suggested learning paths.

Equipment: 15 laptops included for seamless operation.

Team: Some part time staff in place, although could be ideal for owner-operator for increased cash flow, or option to build your own larger team to become a turnkey operation.

Skill Samurai Brand: Part of a well-established existing global franchise network.

Marketing: Some branded marketing materials included - large mobile flag, retractable banner, pamphlets, certificates, kids t-shirts. One local sports team sponsorship is currently in place until the end of 2024. We would also provide our existing leads list to the new owner. Presence at kids events around town is a proven marketing tactic (ie. a booth at a festival/fair/mall to attract potential clients).

Social Media: Location specific accounts with growing following and strong engagement. Head office also provides daily franchise posts on your behalf.

Location: This is a mobile franchise offering flexibility to move around within the territory via hourly rental agreements with different venues (ie. schools after hours, community centres, churches, workshare spaces, partnering with other kids service providers). There is scalable potential to expand to as many locations in the territory as you can accommodate.

Transition: Current owner can stay on to provide some help through the transition period (~3 months), can assist in ensuring a smooth transition with existing clients, help build community relationships and provide guidance.

Category of the asset:

Franchise economy

  • Investments required:
    up to US$ 7 316
  • Monthly marketing costs are determined by owner. Tech fee of $500/month.
  • Entry fee (from):
    US$ 73 163
  • The payback period of the franchise:
    24 months

On-going payments

  • Royalty fee:
    7% of turnover
  • Advertising funds:
    N/A
  • Other fees and payments:
    366 US$ per month
  • Royalty and tech fee.

Network

  • Number of franchised units:
    pcs.
  • Country of origin:
  • Network geography:
    Mississauga.

Requirements

  • Number of employees:
    persons
  • Personnel requirements:
    Best designed for an owner operator to maximize cash flow, can be operated by semi absent owner.
  • Requirements for premises:
    Mobile franchise, can have as many locations as desired within assigned territory.

Information about the franchise owner

  • Franchise owner:
    Skill Samurai.
  • Company foundation year:
    2015 (business age in years 9)
  • Beginning of franchising activity:
    2017 (business age in years 7)
  • Company description:
    Operates in Canada, USA, Australia, Singapore.

Contact the franchisor

Please be as specific as possible. The seller usually wants to know:
- How do you intend to purchase the business or asset?
- What is your time frame for the purchase?
- What is your experiance / background?

Contact the franchisor

Contact the franchisor

Please be as specific as possible. The seller usually wants to know:
- How do you intend to purchase the business or asset?
- What is your time frame for the purchase?
- What is your experiance / background?

Contact the franchisor

BE THE FIRST TO KNOW ABOUT NEW LISTINGS

CREATE AN ALERT

Instant. Simple. Effective.

  • Adjustable system of getting alerts about the ads you are interested in
  • Let sellers search for you themselves
Sell business assets quickly and profitably

CREATE A LISTING

We are a highly frequented website.

  • Popular with local and foreign buyers
  • The listing is sent immediately to the interested buyers from the database
REACH THE BEST EXPERTS

Find a qualified expert

Brokers. Lawyers. Appraisers.

  • Convenient selection of any necessary professionals for the transaction
  • Convenient request for service fee of all professionals