Asking Price: $5,520,000 Gross Revenue: $7,052,052Cash Flow: Not DisclosedEBITDA: $1,574,108Inventory: $36,896 included in asking priceFF&E: $228,848 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 Listing Will Not Last Long!!! Considered the top-performing, multi-unit clinic in one of the hottest weightloss franchise systems, there are two (2) well-established and highly profitable franchised-locations in North Carolina, two (2) well-established and highly profitable franchised locations in Virginia and one (1) recently established location, also located in North Carolina.
At the request of our client, we kindly ask that only serious, well-capitalized prospective buyers inquire.
This is a turn-key franchise business with one major advantage over the competition and checks the "wish-list" box of every category for Accredited Investors, Family Offices and Private Equity Firms. Qualified prospective buyers should immediately request a Non-Disclosure Agreement and Confidential Offering Memorandum TODAY!!!
About the Business
Number of Employees:
Building Sq. Ft.:
#1. Huntersville, North Carolina 28078 Square Footage: 4,163 Term: August 2016-2022 Rent: $6,071.04 | $72,852.48
#2. Midlothian, VA 23113 Square Footage: 4,000 Term: December 2010-2020 Rent: $7,333.33 | $88,000.00
Our “Services” which are Products or Services that may be required by applicable law to be provided by an independent Physician employed by a medical practice (or by you if permitted by law) responsible for supervising and/or monitoring the Program. Our Program guides the manner of dealing with customers, mix of and use of Products and Services, as well as the general customer experience. Our Foundational Elements are those attributes of our System we do not license to others as part of or in connection with any Products or Services we may sell via the internet or Alternative Channels of Distribution. Currently, we consider the Foundational Elements to include our EMR Software, our diet methods, Manuals, and other services and intellectual property we deem critical to allow someone to commence a Business.
Growth & Expansion:
Our “System” allows for the efficient operation of the Business to provide a platform for the sale of Products and Services, as well as to provide ease of operation of its Practice component. Our System includes our clinic management system; accounting system; distinctive business formats; uniforms; color schemes; methods; procedures; system-common practices and processes; advertising practices; hiring practices; designs; layouts; signs; product and service mix; licensed or proprietary software; hardware and electronic devices; standards; specifications; treatment protocols; and/or other System Standards defined in our Manuals, all of which we may improve, further develop or otherwise modify from time-to-time.
Sellers have decided to pursue other business opportunities
Before the Business opening, we will provide business operations training to your personnel, one of whom must be your owner and another must include your on-Site Manager/ Sales Director and Medical Director (“Owner/Manager Training”). At least three (3) persons must complete the Owner/Manager Training. Approximately between two (2) and five (5) consecutive days of this training will be furnished at our designated training facility and/or at an operating Business.
*UNDER CONTRACT* More Weightloss Locations Available. Call NOW!!!
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.