| Asking Price |
$95,000 | Inventory |
see asset list** |
|---|---|---|---|
| Gross Income |
$225,000 | Real Estate |
|
| Cash Flow |
$15,000 | Year Established | 2007 |
| FF&E |
$211,000* | Employees | 6 |
* included in the asking price
** not included in the asking price
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. 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 Potential: Current overhead can easily support a 50% increase in revenues/members, producing: Sales:$ 341,400 ACF Cash Flow: 111,640 ACF: Profit/Cash Flow the business generates to the owner after adjustments. Owner wants to sell - make an offer!
Facilities: 2100 sq. ft. leased facility - great location.
Growth/Expansion: Currently 200 members. Facility and staff could easily support 300 members. Profit would jump to over $100,000
Financing: Seller may provide some financing
Support/Training: As needed.
Reason Selling: Other business interests

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