Hot Listing

Multiple Location National Franchise Health Fitness Related.

Sale Pending

Asking Price$575,000

Cash Flow
$205,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,496,000

InventoryNot Disclosed

FF&E$125,000
Included in asking price
Staff Type PhotoSave
Hot Listing

Multiple Location National Franchise Health Fitness Related.


Sale Pending

Asking Price$575,000

Cash Flow
$205,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,496,000

InventoryNot Disclosed

FF&E$125,000
Included in asking price

Seller Financing Available
Business Description
This is part of a highly respected national franchise within the fitness and health industry. The locations are established as well as new. Fully staffed with excellent employees that keep the people coming back. This is easily scalable, and one of these locations was the top location two years running and set the highest revenue record for the entire franchise ever !!
About the Business
Number of Employees
10
Franchise
This business is an established franchise
Facilities & Assets
The locations are some of the best and highest demographics in all of the Southeast. The equipment, facilities, buildout, etc., are all top notch and in excellent condition.
Market Outlook / Competition
The market conditions are excellent as sales show nationally. This is a select niche in the fitness industry for all ages, the market is growing, and there is limited competition for this particular niche.
Opportunities for Growth
The new owner can add services, locations, etc., to grow the business. The current owner is almost 70 and no longer interested in growing the business.
Real Estate
Owned or Leased
Leased
About the Sale
Seller Motivation
Retirement. They are closer to 70 than 60. It is time.
Transition Support
Seller will stay on for a month as part of the sale. Then Franchisor will assist as needed, as all franchisors do. Seller is available for consulting on a contract basis, if needed for further growth.
Financing Options
This is SBA financeable with 15% down, and seller will hold 10% too. If buyer is ext
Listing Info
ID
2349268
Listing Views
1601

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Business Listed by: Thomas Crumpton Business Acquisitions

Listing ID: 2349268 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 of Use. Learn how to avoid scams.