Resale Questionnaire - Music Bugs activity classes for toddlers and preschoolers

Name(Required)

First Last

Mobile Number (for the purposes of Head Office communication only)(Required)

Please enter the 0844 number originally associated with your business(Required)

Address(Required)

Address Line 2 City County / State / Region ZIP / Postal Code

Which email address would you prefer we use for Head Office communication (with regards to your resale)(Required)

You can enter a personal email address if you prefer

Please enter all of the email addresses associated with your business(Required)

You may have more than one email address on the @musicbugs domain and/or an alternate address

Sale and Purchase Agreement(Required)

I confirm that I have received a draft copy of the Sale and Purchase Agreement but I agree not to share a copy of this with any prospective purchaser (this will be issued by Head Office at the appropriate time).

Franchise Resale Fees(Required)

I agree to work closely with Head Office throughout each stage of the resale process and agree not to share any confidential data (including but not limited to data of a financial, legal, operational or personal nature ), without the express written permission of Head Office.

Franchise Resale Fees(Required)

I confirm that I have read sections 20.1 (e) and 20.3 on the Franchise Agreement in respect of Head Office fees and acknowledge those terms.

Self Assessment - prior to commencing your resale, you need to confirm that all of your Sole Trader Self Assessment accounts have been correctly submitted to HMRC. Please can you select the correct response below(Required)

Financial Accounts(Required)

I understand that I need to provide Head Office with a full set of my financial accounts before I can start advertising my resale. This will include submitting all bookkeeping records and my Self Assessment Tax Returns back to when I first started trading or a minimum of 3 years (whichever is the greater).

Please confirm your acceptance of this

Equipment Itinerary(Required)

Before your prospective purchasers can submit application paperwork or attend a Discovery Day, you will need to have compiled an up to date list of all the props and equipment (including quantities), that will be included in your resale, and submit this to Head Office.

Please confirm your acceptance of this

Outstanding/Overdue Commitments

Please use this section to tell us about any outstanding contractual or financial commitments you still have. In most cases, these will need to be settled/resolved before you can commence your resale.

Class Fees(Required)

Birthday Party Bookings or Deposits(Required)

Early Years Settings(Required)

Gift Voucher Purchases(Required)

Venue Hire(Required)

Advertising(Required)

Bugsy Bear

Prior to the completion of your resale you will be required to return to Head Office your Song Book, your Operations Manual, unused business stationery (Letterheads, Comslips, Flyers) and any training materials still in your possession. These must be returned by a secure and trackable delivery service such as a courier or Royal Mail. We will contact you at a later date to make arrangements for this.(Required)

I understand and agree to the above.

Social Media Accounts

Please tick which of the following are associated with your business (please indicate all Social Media accounts that have been set up, even if they haven't been used for a very long time). *(Your Music Bugs branded Profile Account may have been used to access your FB page and Parents Group as an alternative to using a personal profile)(Required)

Facebook Page

Parent and Carers Group

Music Bugs branded Profile Accounts *

Instagram

Twitter

Tik Tok

You Tube

If there are any additional social media accounts not listed above, please enter the details below or enter 'none' if this is not applicable(Required)

Account Passwords - you will soon be asked to provide Head Office with all the log in details including passwords, to all of the above Social Media Accounts. If you are using a family password for these accounts, it is advisable that you change these now. Please do not send log in details until this has been requested by Head Office.(Required)

I understand and will provide Head Office with the full details when requested

Facebook Page Administration Access. Prior to advertising your resale, your page permissions will be changed from 'Administrator' to "Editor'. Please can you confirm your acceptance of this below.(Required)

I understand and will assist Head Office if needed with this change of permissions.

Employees/Class Leaders

Employees/Class Leaders. Please add below the names of any Class Leaders or other employees currently still officially employed by you.(Required)

Please include those also on Furlough or extended leave, or write 'none' if not applicable.

Redundancy Activity - have any employees/Class Leaders been made redundant by your business, for any reason, over the past 2 years. Please add their names below or write 'none'.(Required)

I will contact you separately to discuss this (if applicable).

If any Class Leaders/Employees HAVE been made redundant by yourself during the past 2 years, please can you indicate below whether this was carried with full consultation with Peninsula Business Services?(Required)

Initial Response Document

Before you can start advertising your resale, we need to prepare your 'Initial Response' document. The first draft of this will be prepared for you by Head Office and then sent to you for review. In order to help us prepare this document, please can you list below all of the locations where you had previously established classes.(Required)

In addition to the areas/locations listed above, please list below other areas in your territory where you feel the potential exists to establish further classes in the future.(Required)

If you need us to send you a copy of your territory map as a reminder, please let me know.

Resale Price(Required)

Please state the amount you are planning to sell your territory for. If you are currently undecided or would prefer to state a range at the current time, please enter details above.

Please enter the Standard Class Fee (as charged when classes were last operational)(Required)

If you offered Birthday Parties, please enter your charge for a 1 hour party.(Required)

Or enter N/A if this wasn't applicable to you.

If you offered sessions for Early Years Settings, please provide details below on how much you charged (please also remember to include the duration e.g 40 minute/30 minute etc)(Required)

Please enter the date (month/year) that classes stopped running(Required)

Phone Number - if (in your marketing communications), you would like to include a phone number for prospective purchasers to contact you on, please add it below.

Or enter 'none' if you would prefer not to share a phone number

You will need to use your @musicbugs.co.uk email address for all resale advertising and ongoing communication with prospective purchasers. Please could you indicate below whether you still have access to this account.(Required)

Thank you so much for taking the time to complete this form. It is really appreciated and will help us to ensure that we can get your resales underway as quickly as possible. If you have any further comments or questions at this stage, please use the space below.

Outstanding/Overdue Commitments

Social Media Accounts

Employees/Class Leaders

Initial Response Document

Thank you

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