Asking Price: $75,000 Gross Revenue: $341,000Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: $15,000 not included in asking priceFF&E: Not Disclosed 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.
Owner will consider all offers from qualified buyers in writing.
In the $30B Health & Fitness Industry, this gym is profitable Year 2!
Economic trends show stress as #1 cause of health problems. I Love Kickboxing is a niche fitness studio in a simple, proven business model. They provide a fresh and fun workout experience, sure to please all from the most hardcore exercise addicts, to those seeking to start their journey toward personal fitness. Those previously bored by traditional gyms and workouts will find a welcoming community of members and instructors, and an environment of high energy, accountability, and motivation.
By selling now, the seller offers the new owner the opportunity to get in on the exciting New Year's resolution time. Sure to bring a boom in membership from those hoping to lose weight in 2019, you can expect to retain much of that extra business as those who try kickboxing will find it more engaging and fun to shed the pounds.
Franchising is the single most successful marketing strategy ever!
About the Business
Number of Employees:
Building Sq. Ft.:
$5,594.00 Per Month
When a new member walks into an iLoveKickboxing facility, they typically have two reactions. The first: "Wow, I didn't expect THIS!" They're happily surprised at how clean, nice, and beautiful the spaces are. The second reaction: "I've just come home." They're hit with a wave of positivity and a feeling that they really can succeed. We carefully design our facilities to create these reactions, and to make them cost-effective and efficient for our franchises.
The minimalist design feels open, spacious, and clean. For franchisees, it means less maintenance and upkeep. For members, it feels like they have space to be themselves and enjoy the environment. The color scheme emotes confidence, strength, and passion. Men and women feel comfortable and enjoy the space equally. Our bathrooms and locker rooms are gorgeous.Luxurious marble tiles, bright green bamboo, excellent lighting, and lots of space makes our members feel cared for.
The floors in the locker room are hypo-allergenic rubber, preventing mold and bacteria. Bacteria can't grow on rubber, so it's naturally cleaner and safer. Our granite-top front desks were carefully crafted to make members feel stable and secure. Stone sends the message that you're not going anywhere and that you're in it for the long haul. There are thousands of details we chose, both large and small, to create the ultimate facility. Come tour one of our locations and see for yourself.
Business was not a good fit for the current owner.
We care tremendously about each of our franchisees. Part of this stems from the fact that our founder and CEO owns multiple iLoveKickboxing locations himself. As a fellow "in the trenches" owner, it gives him unique insight into what it takes to really make the business work.
Franchisees receive support every day of the week - weekends, too. After all, iLoveKickboxing studios run on weekends, and we know our franchisees might need help on those days as well. Our owners are also active community leaders. They run fundraisers for local charities, get involved in local schools, and do whatever they can to give back.
The culture our members experience is one of warmth, passion, and support. Our franchisees receive the same.
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.