Asking Price: Not Disclosed Gross Revenue: $582,727Cash Flow: Not DisclosedEBITDA: $44,833Inventory: $32,662 not included in asking priceFF&E: $232,457 included in asking priceShare 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.
Fully staffed membership based first to market franchise concept with established customer base and still room to grow. Established customer base and continues to grow. First to market concept with strong national presence and brand dominance in the local marketplace. Business has multiple revenue streams including services, private label products and gift card sales. New leadership is strong and is doing incredible building business to business relationships.
New products and services are in development and scheduled to roll out in the upcoming year. This will continue to strengthen the brand as a leader in its vertical with the current member base while also attracting new audiences.
Member based revenue increased 17.3% in 2017 and continues to remain steady with a projected 4% increase yoy. Royalty revenue is up 2% yoy. Member services are up 12% for the year.
About the Business
Building Sq. Ft.:
Contemporary studio design welcomes guests with a bright, comfortable lobby. 12 private suites, all well appointed. Easily accessible from several entrances, ample parking and good visibility.
Strong demographics: 1 mile: population: 5,324, average income: $172,057 / 3 miles: 63,013 population, average income: $110,154 / 5 miles: 218,736 population, average income: $86,362. Densely populated. High income demographic.
Growth & Expansion:
Studio size allows for continued growth well into the future. Limited competition in the area.
Seasoned regional development team in the market. Franchisor rolled out new online video training. Extensive training for owners at corporate headquarters & in your location. Dedicated Franchise Business Consultant & trainers in the market to support owners & managers. Strong marketing coop in the region with established agency. Strong local level marketing support.
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
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