Property Title: Highly Reputable Football Academy - Relocatable

Property Type: Other

For Sale / Sold: Sold

Date Posted: 08 Oct 2019

Location: Bolton, Greater Manchester

Guide Price: £17,500 (Leasehold)

Property Agency: Abacus Day Nursery Sales

Reference: 6965

Description

Highly Reputable Football Academy - Relocatable

• Relocatable Proposition
• Operating Throughout Greater Manchester
• Annual Turnover £183,241
• Gross Profit £82,901
• Further Financial Info Available Upon Request
• Large Database of Clients
• Extremely Strong Local Brand
• Strong Relationships With Local Schools
• National & Regional Award Winners
• Fantastic Online Reviews
• Fantastic Social Media Following
• Comprehensive Website
• Handover Pack Included
• Team Of 15 Qualified Coaches In Place
• Scope To Expand Trading Area
• Potential To Introduce New Sports Coaching
• Huge Potential In Lucrative Care Home Market
• Fantastic Platform For Growth Through Franchising/Licensing
• Potential To Develop Social Media Further

Leasehold: £17,500

Blacks Business Brokers are pleased to bring to the market this relocatable football academy currently based in Bury and operating across Greater Manchester and Lancashire.

INTRODUCTION
Shooting Stars Football Academy was founded by our client, an FA qualified coach, and former member of Manchester United and Blackburn Rovers academies, in September 2014. As an immensely passionate coach and football fan, he was frustrated by the distinct lack of high quality football and sports coaching provided to children in schools and at local clubs in the Bury area.

Our client felt strongly felt that this was contributing to the latest generation's lack of interest in sport and the ever-worsening obesity epidemic and decided to set up a business committed to delivering technically excellent, professional and fun football and sports sessions for kids from pre-school upwards in the local area. Regardless of ability or experience, every child would receive outstanding coaching and be radiating confidence and happiness by the end of every session! Shooting Stars Football Academy was born!

The business has grown immensely since inception and now delivers over 64 sports sessions a week in private classes (over 250 active customers paying £6-6.50 per week), nurseries, primary schools, high schools, sixth form colleges and care homes. In addition, the business delivers 1 to 1 sessions, birthday parties and holiday clubs.

Shooting Stars Football Academy has an unrivalled reputation in this sector, with exceptional reviews noted on Google and Facebook, numerous prestigious awards in place and the business also featured on ITV’s “Give It A Year”.

LOCATION
Shooting Stars Football Academy operates throughout Greater Manchester and Lancashire.

REASON FOR SALE
The business is ideally suited to a hands-on owner-operator but due to the demands of our client's other business commitments being higher than anticipated, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

LEASE
A new owner may wish to relocate the business to a home office within the North West. However, the existing office space is available on a Full Repair & Insure lease (FRI lease). This is the most common form of commercial lease. The current lease is a rolling monthly lease running at a cost of £57.70 per week (paid monthly).

STAFF
The business operates with a panel of fifteen fully qualified coaches working on a part time, self employed basis. Our client works on a flexible full time basis in a management role, overseeing the running of the business and providing holiday/sick cover for coaching as required. Additionally, there is one part time admin support worker who currently works fifteen hours per week.


Business Accommodation
FINANCIAL DETAILS
Shooting Stars Football Academy has traded solidly since opening and our client has established a strong customer base with growth year on year. We are advised that the business currently has annual turnover of £183,241 with gross profits of £82,901. Potential earnings for a new owner are between £30k - £50k per annum.

BUSINESS INFORMATION
As noted above, the business has been trading for over five years and has an incredible reputation with outstanding reviews. The business has built great relationships with local schools, nurseries, sixth form colleges and care homes and has a steady income stream. Included with the purchase is all equipment, stock, 12 month syllabus/programme for all sessions, backroom admin IT support systems/databases and a brand new updated website. This is a business that has a solid trading foundation that is geared for expansion.

Below is a list of contracts and commitments that are currently in place that will continue with a new owner. Primary Schools: Shootings stars is directly working in 7 primary schools, delivering PPA Cover, PE and after school clubs. Whilst there are no written contracts in place (standard practice in this area) there is an undertaking that this commitment is for 12 months and is renewed each school year. Nurseries: Shootings Stars has a verbal contracts with 10 nurseries, providing pre-school classes every week to some and on an ad-hoc basis to others. Care Homes: Shooting Stars has commitments with 6 care homes in the area, delivering between 1 and 12 sessions at each care home per week. This is a particularly fast growing area and one which a new owner could benefit from developing further. New guidelines advise additional physical activity for the elderly is essential and care homes nationwide are therefore looking for ways to incorporate this into their routines. Sixth Form College: Shooting Stars has a lucrative agreement with a local college to provide coaches for its sports teams every Wednesday. 1 to 1 sessions: Shooting Stars averages 6-8 1 to 1 sessions per week throughout the year. Birthday parties: Shooting Stars averages 1 party per week throughout the year. Club Coaching: Shooting Stars provide coaching for at least one club per week throughout the year. Private Classes: Shooting Stars deliver pre-school football classes to 18 months - 5 year olds at various locations (10 sessions per week). Shooting Stars coach 5-12 year olds at their own development centres at various locations (11 sessions per week) Holiday Clubs: Shooting Stars deliver holiday clubs every school holiday, averaging 30 children per day at £15 per child.

An active database of 250-300 clients paying a monthly fee of £6-6.50 per session per month.

SUMMARY
This is a unique and rare opportunity to acquire a thriving, highly reputable football academy operating throughout Greater Manchester which can easily be managed from a home office. There is plenty of scope to develop the business further with the introduction of additional classes in a wider geographical area, franchise sales and a strong marketing drive. A new owner may look to reduce staffing costs by working on a full time coaching basis or simply manage the business remotely with all coaching carried out by coaching staff. We feel this proposition would ideally suit an owner operating team with a passion for sports and fitness that can push the business forward and build upon the solid and impressive trading foundations. Early meetings with our client are very strongly advised.

Fixtures & Fittings
All Equipment Included

Financial Information
Annual Turnover: £183,241
Gross Profit: £82,901