Asking Price: $300,000 Gross Revenue: $600,000Cash Flow: $100,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $100,000 included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
This is a great opportunity to buy into a top performing boutique fitness franchise brand. The Seller of this business has the rights to 3 locations in busy affluent Brooklyn Neighborhoods. The owner has built out one studio and is successfully operating this business Absentee. The business is fully staffed with a strong Manager in place. The Owner is only putting in about 1 hour a week onsite to meet with the Manager and invests some time remotely handling other ownership responsibilities. This is a great brand and has raving fans. The business model is one of the best, small footprint, few employees, low inventory, repeat clientele. If you are looking to be a multi-unit operator of a top boutique group fitness studio franchise, this is your opportunity. Please call about listing 13744.
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the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
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