Asking Price: $280,000 Gross Revenue: $257,505Cash Flow: $141,213 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $2,000 included in asking priceFF&E: $65,000 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.
SELLER RELOCATING OVERSEAS! WON'T LAST LONG! Located in NW Houston, this studio offers multiple stations in a calming atmosphere utilizing the full line of Balance Buddy equipment. Currently in it's third year, membership is steady. Owner currently teaches minimal classes with the assistance of 4 additional PT employees, and could easily be absentee operated as well as owner operated. Great earnings. Pending SBA pre-approval. Lease has three year option. Recently added more training equipment.
About the Business
Harris County, Texas
Number of Employees:
Building Sq. Ft.:
$1,700.00 Per Month
Very nicely built out, business includes $40k spend in built out. Rent amount is gross. Expansion opportunity in same center if new owner desires.
Growth & Expansion:
Has very stable membership, but has mostly been word of mouth since original advertising. More class times, expansion into available space next door to current location and focus on more individual training could being even more membership to this successful studio.
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
full Terms & Conditions.