Asking Price: Not Disclosed Gross Revenue: Not DisclosedCash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed 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.
We are pleased to inform you of a unique opportunity in Mississauga, ON! The Club is situated in the Mavis Mall a very busy plaza located in the core of Mississauga. There are approx.. 150,00 people who live within 3km radius or 5min drive of the club. The average household net income is $86,000. The plaza is anchored with a very busy No-Frills Grocery Store, 24hr McDonald, Pizza Nova, Medical center, multiple fast food outlets and restaurants. The Plaza is at the corner of Mavis Rd. and Eglington Ave. Both Roads are major arteries through Mississauga. Mavis Rd connects through 3 major highways making it a very busy road all day long. Mavis Rd. and Eglinton Ave. both on average have a traffic count of 40,000 vehicles per day. On behalf of the selling franchise owner, we have been retained to solicit offers which presents a terrific opportunity to take over an established club with an existing member base upon which to build and take to the next level. The new owner will be an industrious individual who loves people and has a passion to continue the great culture that inspires our members.
About the Business
Number of Employees:
1 FTE 2 PTE 1PT
Club Opened: January 2012 Enhancement due date: May 1, 2023 Club management system: Buyer will be required to sign a service agreement Rent:$12,567.67 Base $5,593.26 NNN $18,162.93 Total
Growth & Expansion:
Anytime Fitness is the fastest-growing gym franchise in the world, with 4,000 gyms serving 3,000,000 members on five (soon to be all seven) continents. Open 24 hours a day, 365 days a year, Anytime Fitness prides itself on providing its members with convenient fitness options and friendly, personal service in well-maintained facilities which feature top-quality exercise equipment. Gyms are now open in all 50 states, Canada, Mexico, Australia, New Zealand, England, Scotland, The Republic of Ireland, Wales, Grand Cayman, Poland, the Netherlands, Spain, Qatar, India, Chile, Japan, Singapore, Malaysia, Hong Kong, China, Taiwan, Belgium, Italy, Sweden and the Philippines.
The information on this listing has been provided by either
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
and assumes no responsibility for its accuracy, veracity, or completeness. See our
full Terms & Conditions.