Asking Price: $999,000 Gross Revenue: $2,423,422Cash Flow: $438,972 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed 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.
Premier 34,000 sq. ft. Full-Service Fitness Center with $2.4 MM Sales. Multi-million $$$ build out with the best available equipment. Services provided include group exercise, group training, personal training and kids club. Plus juice bar, lockers and showers.
This is not a franchise and memberships are mid-price point. Annual draft dues average $1.8 MM. Personal training averages $500K.
This business will require rebranding after the sale.
About the Business
Bergen County, New Jersey
Number of Employees:
8 FT/60 PT
33,996 sq. ft. facility in desirable Bergen County town.
Will train for 4 weeks @ $0 cost. This is a great turnkey opportunity with a strong operating infrastructure. Management and staff are in place operating the day to day needs of the business. Transition will be relatively easy and will be supported by the seller.
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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
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