Asking Price: $698,000 Gross Revenue: $781,296Cash Flow: $253,929 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed included in asking priceFF&E: $225,000 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.
Package deal consisting of two profitable franchise fitness centers located in Suffolk City and Isle of Wight counties. Revenues are trending up in 2019 versus 2018! Both clubs are staffed and equipped for continued success. A new owner can easily drive revenues further by implementing existing new franchise personal training programs and establish corporate relationships. All of the top-quality fitness equipment has been meticulously maintained and is generously included in the sales price. The current owner is confident in the future of the business and is willing to offer some seller financing to assist with a new buyer’s required bank down payment. Contact us now to learn more about this great opportunity.
Two Profitable Franchise Fitness Centers In Eastern VA
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.