Murphy Business and Financial Corporation presents

Fitness & Personal Training

(city not disclosed) OH (county not disclosed)

Key metrics

Asking price: $252,000

*Seller Financing*

*Lender Pre-qualified*

Established: 2011

Gross income: $650,697

Cash flow: $123,585

Franchise: Yes

EBITDA:

Employees: 6 FT/5 PT

Square Feet:

Home Based: No

FFE: $20,000 (included)

Inventory: $1,500 (included)

Real estate:

Relocatable: No

Business description

This is a great opportunity to own a growing, profitable personal training business with a unique business model. There are four locations with management and staff in place at each. The opening of the fourth location has taken this business to the next level of revenue growth and associated cash flow. If you love working with people and helping them reach their goals for a strong and healthy lifestyle then you should not pass this up!
 

Facilities description

Very nice, clean and modern facilities. Each of the four locations are about 1,200 - 1,300 square feet. Good lease terms. Common areas include plenty of parking and is well maintained by landlord.

Financing description

$25,200 Down/ $25,200 for 84 mos. @ 7%/Other Financing. Some seller financing may be available for a qualified buyer.

Competition

The model of this business is different than many of the others out there, which gives it a competitive edge in the marketplace.

Growth

This business is growing and will continue to grow as fitness has become a lifestyle for young and old alike.

Support

Will train for 8 weeks @ no cost.

Reason for selling

Owner has other business ventures he is exploring.

Keywords

fitness, gym, personal training, franchise, ohio

disclaimer

American Gym Trader has not made any independent investigation, verification or audit of the information contained in this advertisement and makes no representations or warranties, express or implied, regarding the accuracy or completeness of the information contained herein or linked to and assumes no responsibility to its accuracy or completeness. When buying or selling a business American Gym Trader encourages you to seek the advice of a professional business broker. American Gym Trader has no monetary interest in the sale of the business. American Gym Trader does not warrant the Right of Use of any photography, logos or graphics.

Contact Bill White


Bill White

Listed by

Bill White,

Murphy Business and Financial Corporation

330-650-9000

No Spam Please

Do not contact the broker/seller for any reason other than your interest in buying a business!

Frequently Asked Questions

Important terms

  • Gross Income - This is the total gross sales and receipts from line 1 of the tax return. Learn more >>
  • EBITDA – Earning Before Interest Taxes Depreciation and Amortization. This financial term is generally only used with multi-million- dollar businesses.
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  • FFE – This is the estimated value of the Furniture, Fixtures and Equipment.
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  • Inventory – This is the estimated value of the retail products and merchandise.
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  • Cash Flow – Cash Flow is often also called Sellers Discretionary Earnings or Owners Benefit. All debts on a business are normally paid off at closing. Cash flow is the total of net profit, owner’s salary, depreciation, amortization, interest, perks and non-recurring expenses.
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