Business Overview

With more than a Decade of service, this business has a long list of clients, repeat customers and established practices that will help a new or experienced owner ramp up and transition with ease.

Multiple lines of service ranging from the weight loss programs to laser body sculpting and InfraRed treatments mean you have several different options to get new clients in the door and can assist multiple different lifestyles.

Financial

  • Asking Price: $50,000
  • Cash Flow: $38,000
  • Gross Revenue: $123,000
  • EBITDA: N/A
  • FF&E: $75,000
  • Inventory: $20,000
  • Inventory Included: Yes
  • Established: 2009

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:1,800
  • Lot Size:N/A
  • Total Number of Employees:1
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Very well located office with multiple private rooms for counseling and treatments.

Is Support & Training Included:

Support and training will be provided by the franchisor for 2 weeks at corporate HQ and onsite after. Owner will also provide 28 days of onsite training to assist the transition.

Purpose For Selling:

Retirment

Opportunities and Growth:

Retirement business, an owner that did any advertising would see an immediate expansion in clients.

Established Franchise:

This Business Is An Established Franchise

Additional Info

The company was established in 2009, making the business 13 years old.
The deal will include inventory valued at $20,000, which is included in the requested price.

The business has 1 employees and is situated in a building with approx. square footage of 1,800 sq ft.
The building is leased by the business for $1,600 per Month

Why is the Current Owner Selling The Business?

There are all kinds of reasons why people decide to sell businesses. Nonetheless, the genuine factor vs the one they say to you might be 2 absolutely different things. For instance, they may claim "I have too many other commitments" or "I am retiring". For many sellers, these reasons stand. But also, for some, these may just be reasons to try to conceal the reality of altering demographics, increased competition, recent reduction in revenues, or an array of various other reasons. This is why it is really vital that you not count totally on a vendor's word, however rather, make use of the seller's answer together with your general due diligence. This will paint an extra sensible picture of the business's existing situation.

Existing Debts and Future Obligations

If the existing entity is in debt, which lots of businesses are, then you will need to consider this when valuating/preparing your deal. Numerous operating businesses borrow money so as to cover points like inventory, payroll, accounts payable, etc. Bear in mind that occasionally this can suggest that profit margins are too thin. Numerous businesses fall into a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may likewise be future obligations to think about. There may be an outstanding lease on tools or the building where the business resides. The business might have existing contracts with suppliers that must be satisfied or may lead to fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Just how do companies in the area draw in brand-new consumers? Most times, businesses have repeat customers, which develop the core of their day-to-day revenues. Particular factors such as new competition growing up around the location, road building and construction, as well as personnel turn over can impact repeat clients and also negatively influence future revenues. One essential point to consider is the location of the business. Is it in a very trafficked shopping mall, or is it hidden from the main road? Certainly, the more people that see the business on a regular basis, the better the chance to develop a returning consumer base. A final thought is the basic location demographics. Is the business located in a largely populated city, or is it located on the outside border of town? Exactly how might the neighborhood average family income influence future earnings potential?