Asking Price: $51,500 Gross Revenue: Not DisclosedCash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed included in asking priceFF&E: Not Disclosed included in asking priceShare 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 turnkey opportunity to purchase a nationally branded franchise fitness center at a value price. The current owner has owned the club since Sept 2006 and is selling to retire. As a franchise you will have protected coverage for the territory of Highland Hts/Willoughby Hills, Ohio. Many of our membership comes from the employees and their families of The Cleveland Clinic Foundation, which pays for 50% of their membership.
The business has a great opportunity for growth with the right owner. Curves International offers a program ESP (Empowering Service Program) to help you expand your business step by step. A strong work ethic and strong communication skills are a must. The staff is well trained in the business and has been around at least 2 years to 10 year plus veterans. Additionally 3 staff members are certified to teach the Curves Complete diet program certified by The Cleveland Clinic Foundation.
About the Business
Number of Employees:
Building Sq. Ft.:
The facility is 2200 square feet, the lease will expire August 31, 2018 an can be renegotiated at any time. All equipment, 12 machines, stretching station and 12 mats, 2 computer systems and inventory are including in the asking price.
We are one of the only Women's fitness centers in the county. We offer a 30 minute workout that works all muscle groups. This facility is active with the Cleveland Clinic Foundation in both their employees and clients. We provide a table at all local health fairs put on by CCF.
Growth & Expansion:
With Curves International's LAM (Local Area Marketing) program, there is great potential for membership growth.
Curves International provides CLE (Curves Learning Community) an operational training and support program which is virtual teaching, training and support to help you establish a foundation for continued success and growth.
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.