Listing ID: 69868
Business Overview
9 locations | Management in Place | Nationwide Marketing
This Business consists of two entities operating franchise locations in Arkansas, Oklahoma, Missouri and Louisiana. As one of the leading weight- management service companies in the world, this business not only offers franchisees strong financial potential, but also provides you with an opportunity to make a significant positive impact on the lives of your clients and the health of our nation. Each location has management on site. The sellers are involved day to day operations but are not working in the locations every day.
With franchise backed marketing this business is well known and highly successful for over 35 years. With a growing health and wellness industry in the U.S and worldwide these businesses are growing. With the market poised to hit 7.65 Billion by 2030 this market is highly sought after.
All locations are individually leased and included in the sale. Inventory is not included.
To learn more about this business for sale contact CBI Northwest Arkansas below.
Financial
- Asking Price: $2,300,000
- Cash Flow: $649,333
- Gross Revenue: $3,454,644
- EBITDA: N/A
- FF&E: $100,000
- Inventory: N/A
- Inventory Included: N/A
- Established: N/A
All 9 locations included in price.
Additional Info
The real estate is leased by the business for $0.00
Why is the Current Owner Selling The Business?
There are all types of reasons people resolve to sell companies. Nevertheless, the real factor vs the one they say to you may be 2 entirely different things. As an example, they might claim "I have too many other obligations" or "I am retiring". For many sellers, these reasons stand. However, for some, these might simply be reasons to attempt to hide the reality of altering demographics, increased competition, current decrease in earnings, or a variety of various other factors. This is why it is extremely important that you not depend entirely on a vendor's word, yet instead, use the vendor's answer along with your total due diligence. This will paint a much more sensible image of the business's existing scenario.
Existing Debts and Future Obligations
If the existing entity is in debt, which many businesses are, then you will have reason to consider this when valuating/preparing your deal. Many businesses take out loans so as to cover items like stock, payroll, accounts payable, etc. Keep in mind that occasionally this can imply that revenue margins are too thin. Many businesses come under a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may additionally be future obligations to take into consideration. There may be an outstanding lease on equipment or the structure where the business resides. The business may have existing agreements with vendors that have to be met or may cause fines if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do companies in the location bring in brand-new consumers? Most times, operating businesses have repeat consumers, which form the core of their day-to-day earnings. Specific aspects such as brand-new competition sprouting up around the location, roadway construction, and also staff turnover can affect repeat customers and also adversely influence future profits. One important point to think about is the location of the business. Is it in a very trafficked shopping mall, or is it concealed from the main road? Obviously, the more individuals that see the business on a regular basis, the greater the possibility to construct a returning customer base. A last idea is the basic area demographics. Is the business located in a densely inhabited city, or is it located on the edge of town? Just how might the neighborhood mean family income impact future revenue potential?
