Asking Price: $551,700 Gross Revenue: $784,133Cash Flow: $146,318 (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.
2 Locations! Ever dream of owning your very own personal fitness franchise, and in the very best areas? Well, look no further, because this multi-unit personal fitness franchise has it all and then some! The personal fitness space has never been more appealing and lucrative as it is right now. People want to look and feel their greatest! These studios customize workout plans to incorporate nutrition planning, resistance training, weight lifting, and more! Enjoy watching your clients transform and meet their goals. These two locations are the best of the best in the Cleveland/Akron footprint. These well established locations have served its clients for over 10+ years, and are located in high traffic areas with upscale shopping and dining. Inquire within!
(20% Down subject to SBA Financing)
About the Business
Number of Employees:
Two Locations 1: 1500 SF 2. 1600 SF $7,404 Combined Rent
Growth & Expansion:
More client appreciation events to bring more referrals, incorporate group training for those who want personal training at a more budget friendly rates.
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.