Asking Price: $49,000 Gross Revenue: $178,454Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: $7,000 included in asking priceFF&E: $55,633 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.
The studio has a great member base and has seen year over year growth since opening its doors in 2016. The business enjoys many five star reviews and is involved in the local community. This is the first fitness business the owners have operated and they don't have a background in fitness, so it has been trial by error learning. They have reached a level of burnout, and are looking for buyers who can take the reins and lead this studio for the coming years. The profitability of this business can be significantly increased if the buyer can be an owner/operator and participate in leading classes, marketing and sales. Inquire for more information.
Support & Training: 30 days unpaid training included in sale.
Reason for Selling: Other business interests.
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
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