Business Overview

Fitness studio focused on full body function. Trained instructors have decades of experience. Fitness and exercise programs available in person or online, for all levels, from beginners to pro-athletes. Multiple studios offer a variety of classes to improve the mind-body connection by increasing strength, flexibility, and energy.

Contact Dan Altom with Sunbelt Business Brokers at 281-440-5153 for complete details.

REF ID# N1992-DA

Financial

  • Asking Price: $500,000
  • Cash Flow: $155,000
  • Gross Revenue: $544,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: Yes
  • Established: 2010

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:1,940
  • Lot Size:N/A
  • Total Number of Employees:1
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Multi-tenant space in a retail strip center, anchored by a well known franchise with high visibility

Is Support & Training Included:

The Seller will provide training to the Buyer after the sale of the business on a schedule agreed to by both parties to ensure a smooth transition.

Opportunities and Growth:

Geographic expansion and partnerships pairing with a full-time Owner/Operator could open multiple avenues for growth.

Additional Info

The business was started in 2010, making the business 12 years old.

The company has 1 FTE / 13 PTE employees and is situated in a building with approx. square footage of 1,940 sq ft.
The real estate is leased by the company for $5,314 per Month

Why is the Current Owner Selling The Business?

There are all kinds of reasons why individuals choose to sell operating businesses. Nevertheless, the true reason and the one they tell you might be 2 completely different things. For instance, they may claim "I have a lot of various responsibilities" or "I am retiring". For numerous sellers, these factors stand. But also, for some, these may simply be justifications to try to hide the reality of transforming demographics, increased competitors, recent reduction in revenues, or an array of various other reasons. This is why it is extremely essential that you not depend totally on a seller's word, but rather, use the vendor's answer together with your overall due diligence. This will paint an extra sensible picture of the business's present situation.

Existing Debts and Future Obligations

If the existing company is in debt, which many companies are, then you will certainly need to consider this when valuating/preparing your offer. Many operating businesses finance loans so as to cover things such as inventory, payroll, accounts payable, and so on. Keep in mind that sometimes this can imply that revenue margins are too tight. Numerous companies fall under a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may likewise be future commitments to think about. There might be an outstanding lease on tools or the building where the business resides. The business may have existing agreements with suppliers that have to be satisfied or may cause penalties if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do companies in the location attract brand-new customers? Often times, businesses have repeat consumers, which create the core of their everyday revenues. Certain factors such as brand-new competition sprouting up around the area, roadway building and construction, as well as personnel turn over can influence repeat consumers and also adversely influence future earnings. One essential thing to think about is the placement of the business. Is it in a highly trafficked shopping center, or is it hidden from the main road? Certainly, the more individuals that see the business regularly, the greater the possibility to develop a returning customer base. A last thought is the basic location demographics. Is the business located in a largely populated city, or is it situated on the edge of town? Exactly how might the local average household income impact future revenue prospects?