Asking Price: $59,000 Gross Revenue: $400,000Cash Flow: $40,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $350,000 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.
PERFECT BIG BOX GYM for the larger or smaller investor! Located in an extremely busy shopping center anchored by a major high-performing grocery store in the fastest growing area of the city! Abundant high-end equipment & large premises with ample parking! Architectural center piece location in plaza! Equipment alone is valued at much more than the price, per Seller. Sales & income are estimated for 2018 based on 2017 P&L (sales steady each year). Lots of opportunity for growth by starting a website, increasing advertising/social media, and adding personal training department! Owner has other business interests. Landlord will do a new lease for Buyer! EMAIL NOW before it is gone! For the fastest reply to your inquiry, always contact ED SMITH, Nevada's Top Business Broker with 50+ years of experience, direct at firstname.lastname@example.org and 702-274-7320!
About the Business
Number of Employees:
This is a leased location of 9,800 square feet with a Total Rent of $20,000. Lease ends 05/2020 with negotiable lease options. Seller is not active in the business with 6 Independent Contractors. Hours of operation are 24/7. $350,000 in FF&E included in Asking Price. $200,000 made in Leasehold Improvements. Assets include clean premises, ample parking, largest Class A space fitness facility & great equipment!
Non-Franchise Big Box Gym with Top Notch Equipment!
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or stake in the sale of this business and has not verified any of the information
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