Asking Price: $139,000 Gross Revenue: $173,551Cash Flow: $76,680 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $3,000 included in asking priceFF&E: $7,500 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 an established Cardio Kickboxing and Martial Arts studio in one of the Eastside's most affluent communities. Instruction consists of basic Martial Arts classes for children and Kickboxing for adults and children geared to provide fitness and conditioning as well as self-defense. Space is, also, available for theme parties. This business has an established reputation and continues to grow with recent expansion of facilities and class offerings. Perfect for owner/operator or owner/manager role with staff is in place. Owner will consider seller financing to qualified buyer.
About the Business
Number of Employees:
Facility is centrally located near the main part of town on a main thoroughfare in a clean and well maintained commercial building with an elevator and plenty of convenient parking. Space is below market rent. Two adjacent studio spaces are designed and set up for kickboxing and martial arts classes to optimally accommodate scheduling classes simultaneously.
There is only one established competitor and two small studios in the area. None have the extensive database or following. The main competition for students are the after school sports such as soccer and baseball in the spring and summer. Winter remains steady.
Growth & Expansion:
Great potential for growth! This business is situated in one of the top three wealthiest ZIP codes in the region. Adding the Cardio Kickboxing space and more staff to handle new enrollments will continue to boost revenues. The space can be rented during daytime hours for private personal trainers, yoga, aerobics or other exercise related activities to generate additional income.
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