Stage-school offers dramatic opportunity for growth
Asking Price: £45,000
Franchisee Role: Owner-Operator
Annual Turnover: £45,800
Established: 2019
The Opportunity
Behind the glitz and glamour that makes parents pay handsomely for their children to learn singing, dancing and acting at Stagecoach Spalding is a business that, due to the owner’s other commitments, has never explored even a fraction of its potential.
Unlike most Stagecoach franchises that operate on Friday nights and Saturdays, Spalding only opens on Wednesday evenings, leaving a huge demand from local children completely unmet.
Simply running classes on Fridays and Saturdays as well as Wednesdays would dramatically increase turnover and profits, while adult classes, baby-and-toddler sessions, lucrative Summer camps and workshops would turn it into an income-generator leagues above its current but perfectly respectable performance.
Running-costs are minimal with only a handful of self-employed tutors and hired venues, while Stagecoach’s business model of synchronising with the local school calendar makes it perfect for a parent with young children who doesn’t have time for a conventional nine-to-five business.
You don’t need performing-arts knowledge to run a Stagecoach franchise, but you do need strong organisational skills and the ability and insight to plan shows and performances to a high standard.
The Franchise
Stagecoach is an international network of franchises that’s transforming the lives of 55,000 children around the world.
Children from four to 18 clamour for a place, while parents who can afford it (and there are plenty of them) value Stagecoach for helping their children develop their confidence and find their own voice as well as improving their singing, dancing and acting skills.
With lessons taking place on evenings and at weekends, Stagecoach franchises can comfortably be run alongside a full-time job and enable a healthy work-life balance.
There’s no need to invest in premises, as you hire venues instead, and by using freelance, self-employed tutors and assistants, you avoid the responsibilities of being an employer.
As a household name franchise, backed by national advertising and social media support, you will almost certainly have more children seeking places than you can satisfy so, as the showbiz adage says, you’ll always leave them wanting more.
Summary
A rare opportunity to take over a household-name stage-school franchise with phenomenal scope for growth, low running-costs, and a chance to be part of the world of showbiz. The Spalding franchise of Stagecoach could be even more profitable in the right hands. Don’t let it slip through yours!
Enquire now.
