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| You have accessed this listing information from the VR National database through: | This business is listed and represented by: |
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VR Business Brokers - Fullerton, CA 1400 North Harbor Boulevard Suite 615 Fullerton, CA 92835 (714) 738-1546 www.vr-fullerton.com tina@vr-fullerton.com |
VR Business Brokers - Pasadena, CA 600 South Lake Avenue Suite 507 Pasadena, CA 91106 (714) 375-7175 x 105 www.vr-bsma.com sbenson@vr-bsma.com |
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Business Listing Details |
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LISTING#: |
H2520: Health, Fitness & Nutrition 4 XLNT Fitness Centers 100% help run |
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LOCATION: Southern California |
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ASKING PRICE $4,000,000 |
AMOUNT DOWN $4,000,000 |
REVENUES: $4,405,418 |
DISCRETIONARY EARNINGS $501,607 |
TOTAL ASSETS $4,000,000 |
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| Four well established fitness centers in great locations. Combined gross sales over $4Million. Even at 100% help run with full time corporate manager who oversees the entire operation the profit is around $500,000. Very large (average over 15,000 sq. ft.) fully equipped centers with state of the art programs. All locations have full staffs of in house management, sales teams, professional trainers, and support staff. Well known name. Great reputations. Overall sales have shown steady increases even in the current economy. Approximately $4,000,000 in the value of furniture, fixtures, equipment and leasehold improvements included in price. One of the locations is just in its third year of operation and is just now turning a profit. As it matures the profit should continue to grow with it. That is the history of the other 3 locations. | |||||
| Please Note: This list contains businesses that are offered on a co-operating basis by members of VR Business Brokers. Information contained herein has been provided by the Seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary. No prospect shall receive the name of any listed firm until the STANDARD DISCLOSURE STATEMENT is signed by the prospect. All listings herein are exclusive to the listing office as of the date of submission and have been accepted for publication subject to the cooperation between member brokers as executed and on file with VRBB. Assets Value: An estimate of the Fair Market Value by the seller. DISCR. EARNINGS: A combined estimate of Business Net, Compensation to Owner, Fringe Benefits, Interest and Depreciation Expense. Buyers, Sellers, and Brokers should be aware that all of the following businesses are not available to all types of agencies. |