This franchise business provides fitness programs to a specific and growing population. Seller only works very part-time as she has another full-time job. Currently working 4 hours in this business and has a part-time manager whose duties a new owner can assume that works approximately 5 hours a week. Seller does virtually no marketing Seller believes that a full-time owner can grow this business significantly. Great franchise support.
Seller does not teach any fitness classes. All classes are taught by "true" independent contractors. Work from home, low overhead, and a great opportunity on a new owner that can focus on the business. Work part-time like the current owner or work full-time and take this business to the next level!
Numbers for gross income and net income are projected for 2018 based on year to date numbers and contracts in place.
CA Broker # 01265612
About the Business
No other franchise like this in the market
Growth & Expansion:
Between Seller and Manager, they are only working 9 hours a week. Huge market and opportunity to grow for a full-time or 3/4 time owner
Owner has a full-time job with benefits and young child at home
Full Support and training from Franchisor
Ad Detail Views:
Asking Price: $99,000 Gross Revenue: $100,000Cash Flow: $57,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed 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 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.