Asking Price: $45,000 Gross Revenue: $129,121Cash Flow: $31,807 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&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.
Fun and popular 30 - minute interval training sessions offer workouts for all levels on member schedule. Customized analysis and program, nutrition support and related services. Friendly trainers help members kickbox their way to optimum fitness and other results desired.
Franchisor ensures consistent branding, equipment, and quality location to location. Very successful brand with approximately 700 franchise locations in 13 countries.
Great reviews. Still plenty of room to grow. Needs owner operator who is passionate about working in and on the business - growing membership and providing personal training that helps people get stronger.
Membership at end of 2018 was 134, January 2019 showed growth to 141. Rates are affordable for most.
Lease including CAM about $4000 per month. Relocation possible within immediate area and recommended at lease renewal in about 18 months with opportunity to reduce rent by about $1,000 per month in new center, stronger location. Currently operates with 2FTE (1 Assistant Manager and 3PT employees)
Franchise transfer fee paid by seller. Buyer to attend 3-day training with franchisor on the East Coast. Training fee covered by franchisor, T&E at buyer expense. Fixed Royalty & National Marketing Fee $524 monthly. Local marketing approximately $500 monthly. Miscellaneous technology and other fees approximately $250 month. Most franchise and other fees are fixed so your profits grow exponentially with increased membership.
2018 Gross Sales $129,121, Asking $45,000.
Knockout Fitness Franchise - San Marcos-Asset Sale
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the seller or a business broker representing the seller. BizQuest has no interest
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