Asking Price: $230,000 Gross Revenue: $225,000Cash Flow: $114,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $3,000 included in asking priceFF&E: $20,000 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.
REDUCED! Three locations of a themed fitness center that incorporates a functional, interval, cardiovascular and circuit training regimen. Absentee ran; Easy to operate with solid owner returns; Management and trainers in place at each location. Owner could choose to manage a location for even more improved earnings. Two locations with very low rent. Excellent seller financing options! Seller will pay Franchisee fees to transfer (value over $30k) if all three locations purchased.
About the Business
Harris County, Texas
Number of Employees:
$2,700.00 Per Month
Most flexible franchise that members love.
Growth & Expansion:
Owner doesn't to any of their own marketing, only get Franchise marketing benefit. New owner would get a lot of growth, especially if ready in place after the New Year.
MULTI LOCATION Themed Fitness Centers - Semi-Absentee
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.