Asking Price: $699,000 Gross Revenue: $564,703Cash Flow: $247,032 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $600 included in asking priceFF&E: $150,000 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.
This is a great opportunity to purchase a well-established National Franchise Fitness Center located in Indian River County, FL. This club has been in existence for 10 years and has a continuously growing membership base of 1,900+ members. Sales have remained solid year after year. The club’s cardio and strength equipment is new, top quality, Life Fitness and Hammer Strength brands. All equipment is generously included in the purchase price. The seller is confident that a new owner can take this club to the next level and is willing to hold a seller’s note to assist with a bank’s required down payment. After the sale, the seller is willing to offer two months of training. Contact us now to learn more about joining one of the world’s largest fitness franchises!
Franchise Fitness Center in Indian River County, FL
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.