Business Overview

Now is a great time to work in a rewarding field, where your passion meets profit and control your own destiny.
You can get out of the office and make great money because this business is mobile!!
Build a loyal customer clientele and create long lasting relationships in the communities of your choice!
This business is successful as an appointment-only business, where you have greater control over your work/life balance.
Call for your NDA. Required documents: Completed NDA, Photo ID, Proof of Funds.

Financial

  • Asking Price: $170,000
  • Cash Flow: $89,830
  • Gross Revenue: $159,937
  • EBITDA: N/A
  • FF&E: $37,000
  • Inventory: $300
  • Inventory Included: Yes
  • Established: 2019

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:4
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Mobile Fitness Center (Home Based)

Is Support & Training Included:

2 weeks for free

Purpose For Selling:

Have other business interests

Pros and Cons:

These is no competition, can be franchised to any other state or worldwide- all legal documents have been completed and included in the sales price! A $50,000. added value!

Opportunities and Growth:

Easy to maintain, clients are engaged with professional trainers one on one or in group session or corporate events and so much more!

Home Based:

This Business Is Home Based

Additional Info

The venture was started in 2019, making the business 3 years old.
The transaction does include inventory valued at $300, which is included in the asking price.

Why is the Current Owner Selling The Business?

There are all kinds of reasons people decide to sell companies. However, the true factor vs the one they tell you might be 2 totally different things. For instance, they may claim "I have way too many other responsibilities" or "I am retiring". For lots of sellers, these factors are valid. But also, for some, these may simply be excuses to attempt to hide the reality of changing demographics, increased competition, current reduction in incomes, or an array of other factors. This is why it is very crucial that you not rely completely on a seller's word, but rather, utilize the seller's response together with your total due diligence. This will repaint a more realistic image of the business's current circumstance.

Existing Debts and Future Obligations

If the current entity is in debt, which numerous businesses are, then you will certainly have reason to consider this when valuating/preparing your deal. Numerous companies finance loans in order to cover things such as stock, payroll, accounts payable, and so on. Keep in mind that in some cases this can indicate that earnings margins are too thin. Numerous businesses fall into a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may also be future obligations to consider. There might be an outstanding lease on equipment or the structure where the business resides. The business might have existing agreements with suppliers that should be met or may lead to fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do companies in the area attract brand-new consumers? Many times, businesses have repeat consumers, which form the core of their day-to-day earnings. Particular aspects such as brand-new competition growing up around the area, roadway construction, and also personnel turn over can affect repeat customers and also adversely affect future profits. One essential thing to consider is the location of the business. Is it in an extremely trafficked shopping center, or is it concealed from the main road? Certainly, the more people that see the business regularly, the better the chance to build a returning customer base. A final idea is the general location demographics. Is the business located in a densely populated city, or is it located on the edge of town? Just how might the local median house earnings impact future revenue prospects?