Franchise Children's Party & Event Center | Armen Nazarian

Franchise Children’s Party & Event Center

Reference Code 0850

This is a great opportunity to own a well-established, Franchise Children’s Party & Event Center in Oakland County, MI. Established in 2022, this unique franchise is situated in a busy strip plaza on a high-traffic road surrounded by strong commercial businesses, dense residential neighborhoods, and many schools. This event center offers themed birthday party packages, private team events, summer camps and so much more. Current owner does minimal advertising, and a new owner/operator with some creative advertising/marketing along with an active social media presence, expanded hours, school/daycare partnerships, corporate/community event hosting, and a membership/loyalty program, you have HUGE potential. A must-see, must-have business that will not last long! Turn-key operation only needing a new owner/operator! Seller will train and entertain all reasonable offers! This is a proven franchise concept with an established brand and loyal customer base!
Franchise Transfer/Training Fee: $20,000
Royalties: 7%
Marketing: 3%
Training:

Business Location Oakland County, MI

Gross Sales $310,051 Cash Flow $84,671 Business Price $209,900 Down Payment $100,000 Monthly Payment $2,228.38 Interest Rate / Amortization 8% int., amortized over 60 months, balloon due in 36 months License Required Sales, Franchise Inventory Value $20,000 Employees Part Time 15 Date Established 2022 Hours of Operation By Appointment Rent $4,050 Gross Lease Period New Lease Required Reason for Sale Other Business Interest