Asking Price: $99,000 Gross Revenue: $420,000Cash Flow: $20,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $150,000 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.
This Franchise Gym is for sale in Suffolk County close to the Nassau border. The club is underperforming and has very strong growth potential. it is part of a very strong national franchise brand and has many programs that are underutilized at this location because of its Absentee nature. The club offers Personal Training, Group Exercise Classes, Functional Weights and Martial Arts Training. There is a Manager in place that is aware of the sale and is available to stay on for a new owner and continue to manage the club, or will move on if the new owner wishes to manage the facility themselves and pick up the salary.
This is a great opportunity to buy a profitable gym, at a price WAY less than the cost to build with tremendous upside potential. This is an opportunity to buy an already profitable gym, operating absentee, with big potential for less than the cost to build. Call about listing 13983 to enquire.
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or stake in the sale of this business and has not verified any of the information
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