Asking Price: $299,000 Gross Revenue: $320,000Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: $12,000 included in asking priceFF&E: $422,000 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 an outstanding business opportunity to purchase one of the most popular franchises in the fitness category without the work and expense of starting a new business. This premium indoor cycling franchise offers their members a state of the art fitness experience in an exhilarating environment that is highly interactive. The franchise has earned one of the strongest brand names in the fitness industry, with an established successful business model, excellent training, and high standards of operation.
The owner opened the business approximately eighteen months ago after several months of planning, including selecting the location of the business, negotiating a lease, hiring employees, and coordinating the installation of assets and leasehold improvements. The business is located in Wisconsin in an area with positive demographics for a premium fitness business and both the facility and the equipment are top of the line. There are experienced staff in place, including certified trainers, front desk employees and a manager. The business owner has successfully grown the business by using innovative marketing strategies on social media as well as fun events, challenges and package pricing to attract new members and retain existing ones. This business opportunity can be purchased at a fraction of the owner's investment and much less than the cost of a new franchise, with the advantage of having brand awareness in the area, experienced staff and a growing member base. A new owner with an interest in joining one of the hottest fitness franchise businesses brands in the market will be able to immediately leverage the CycleBar brand and business model into a fun and successful venture.
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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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