Asking Price: $139,000 Gross Revenue: $259,054Cash Flow: $34,162 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $3,000 included in asking priceFF&E: $10,000 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.
Phenomenal opportunity to acquire solid, established Barre 3 Franchise located in growing SW Florida (Lakewood Ranch) community. Beautiful facilities are located in a planned community area surrounded by upscale stores and restaurants. Their clients give them great reviews on Facebook, Google and in the Mindbody software. Trained instructors and staff are in place and owners are willing to stay for a smooth transition. They are willing to stay on as instructors at no charge for an easy ramp up. Membership has been growing and a new owner can continue to network and market the business to get it to the next level. The build-out was done with attention to detail and cost over $300K and the studio looks great. Ongoing support and materials are provided by the Franchisor. **Sellers will pay the franchise transfer fee.
Established Fitness Franchise *May Qualify For Visa*
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