Asking Price: $99,000 Gross Revenue: $137,198Cash Flow: $52,282 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $500 not included in asking priceFF&E: $40,000 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.
Independent fitness center with a unique concept unlike any other typical fitness center placed in Northwest Dallas is available for acquisition. This low overhead, highly profitable business was originally established over a decade ago in 2006 by the current owner of the business. Competition is expected as this is a large industry, but this business isn't like other typical fitness centers with just equipment and has a built-in training program that will maximize results. Most of the customers are evenly split between both men and women that live nearby in the densely populated residential neighborhoods as well as apartment complexes that have a monthly membership subscription. Current annual revenues are running at around $150,000-155,000/year which was generated with minimal marketing done except through word of mouth and online coupons. Although some marketing is done by social media outlets and coupons, other marketing tactics needs to be fully utilized to reach the untapped customers within the area and generate more cash flow to grow the business. There are many ways to proactively market this business such as direct mailing, flyers, add more equipment, monthly subscription discounts, referral discounts, expanding current workout training program and hiring additional trainers. Purchasing new equipment and adding personalized workout routines will help attract many more individuals in the area that is looking for a become more active and healthy. This business has everything in place for a potential buyer to proactively market this business while being fully involved in the day-to-day business operations.
Listing ID #000547
For more info, please call Moon Kim at 1-866-519-2421.
About the Business
Number of Employees:
This business is located in a 2,957 SF retail strip center surrounded by many apartment complexes and densely populated residential neighborhoods. All equipment is in impeccable condition and in working order.
Few competitors are within the immediate market area, but this fitness center has a specialized program that other typical gyms don’t provide.
Growth & Expansion:
Some marketing is done through coupons and social media outlets, but other forms of proactive marketing that is available needs to be utilized to generate more cash flow and acquire untapped customers.
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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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