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Well Established Profitable Art Class Franchise - Exeter For Sale

Exeter, Devon, UK
Asking Price:
£30,000
Turnover:
£53,000
Net Profit:
£22,000

This is a turnkey franchise resale opportunity with surety of an established income stream already in place and with all classes fully booked and a waiting list for future classes.

Colour Wheel Art Classes are part time courses for adults. There are three courses each year held during term time only. This is a wonderful opportunity to work part time with only two days a week actually at the venue. Administration, marketing and supply ordering is done at home as and when you fit it in and should take no more than a day.

The classes are taught by an experienced teacher who is well established with the class, this teacher is employed by the business and would continue to work following the sale. Your role is to act as host for the day, making sure everyone has everything they need to get the most out of the class. The classes are held at West Town Farm, Ide and Nancy Potter House, Topsham, and the venues are hired at a daily rate, booking a term at a time.

This is a resale of an existing franchise area and the classes are currently full with a waiting list for the next term. There is in excess of 80% of re-bookings with students choosing to sign up for the next term. There is a professionally designed website with great SEO and a fully automated booking and payment system which is managed by Colour Wheel head office for you.

This is a wonderful opportunity to work part-time whilst earning a good salary.

The initial franchise agreement is for 5 years, after which there is the option to renew for a further period at a small cost to cover the legal fees.

Key features:
- Established and profitable art class franchise.
- Genuine opportunity for a good income while working from home part-time.
- Significant expansion opportunities if desired.
- Very low overhead business model.
- No requirement for teaching or art experience.
- Very supportive franchisor providing a lot of the admin and marketing support.

Property Information

Property:

Leasehold

Location:

The franchise area offered here is Exeter and is easily run from home, with courses held in West Town Farm, Ide, and Nancy Potter House in Topsham, which are hired on a daily basis for each course held.

Business Operation

Reasons for selling:

The current owner has other business interest that will require them to spend significant time abroad and so will not be able to dedicate enough time to this franchise.

Franchise Information

Franchise opportunity:

Yes

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