Weight Loss - Fitness Center for Women
Location: Ohio > Hamilton County > Cincinnati
Industry: Health and Medical > Health Clubs and Spas
Financials
Asking Price: $95,000
Gross Revenue: $227,000
Gross Revenue Comments: At current level
Cash Flow: $15,000
Cash Flow Comments: At current level 2008 estimate
Inventory: $25,000 (Included in Asking Price)
FF&E: $151,000 (Included in Asking Price)
Seller Financing: Seller will consider a small amount
Business Summary
The business being offered for sale is a relatively new weight loss and fitness center in one of the best demographical areas of Cincinnati for this type of business.
This is an excellent opportunity to become involved in a $50 billion dollar industry without the cost and headaches of a start-up. The base has been developed for this business; it just needs im-proved marketing efforts and results to grow revenues and profitability. The owner, who is mostly absentee, has other business interests that require his time and attention.
This is a business that can be personally satisfying as you help people improve their fitness and nutritional lifestyles.
The business is being offered for sale at a substantial discount to the cost to duplicate the opera-tion in order to achieve a rapid sale. The business is offered at $135,000 free and clear of debt.
Assets of $211,000 included in the purchase are noted below.
This is an excellent opportunity for the person who wishes to become involved in this industry and reap the rewards of building on the base the current operation provides.
Assets Included:
Receivables $ 25,000
Equipment (cost) 126,000
Leasehold (cost) 25,000
Franchise Value 35,000
TOTAL: $ 211,000
4 months 2008: Sales $69,543 Cash Flow $2,700
Estimate Potential: Current overhead can easily support a 50% increase in revenues/members without additional cost, generating
Sales $341,000 Cash Flow: $111,000
This is an excellent opportunity to become involved in a $50 billion dollar industry without the cost and headaches of a start-up. The base has been developed for this business; it just needs im-proved marketing efforts and results to grow revenues and profitability. The owner, who is mostly absentee, has other business interests that require his time and attention.
This is a business that can be personally satisfying as you help people improve their fitness and nutritional lifestyles.
The business is being offered for sale at a substantial discount to the cost to duplicate the opera-tion in order to achieve a rapid sale. The business is offered at $135,000 free and clear of debt.
Assets of $211,000 included in the purchase are noted below.
This is an excellent opportunity for the person who wishes to become involved in this industry and reap the rewards of building on the base the current operation provides.
Assets Included:
Receivables $ 25,000
Equipment (cost) 126,000
Leasehold (cost) 25,000
Franchise Value 35,000
TOTAL: $ 211,000
4 months 2008: Sales $69,543 Cash Flow $2,700
Estimate Potential: Current overhead can easily support a 50% increase in revenues/members without additional cost, generating
Sales $341,000 Cash Flow: $111,000
About the Business
Year Established: 2007
Employees: 1 full time - 5 part time
Franchise: Yes
Facilities: 2150 leased - very nice
Market Outlook and Competition: Growth - This business targets females age 40 and over.
About the Sale
Management Training and Support: Run absentee, manager might stay
Reason For Selling: Owns other businesses. Owner anxious - make an offer.
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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. Please review the full Disclaimer here.
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