• Listing# : 16440
  • Listed Price : $189,000
  • Total Sales : $675,413
  • SIC :
  • Down Payment : $169,000
  • State/Province : North Carolina
  • Status : Active
  • Discretionary Earnings : $75,519
  • Relocatable :

Business Description :

Established, profitable, and well-run multi-location upscale boutique fitness center in the Piedmont Triad area of North Carolina.  Knowledgeable and experienced management team in place, and support from a well-known, national franchisor.  Perfect opportunity for absentee, semi-absentee, or owner-operator as owner currently spends approximately 10 hours per week on ownership duties.  SDE shown is for a full-time owner-operator, per SDE definition, the semi-absentee SDE would be approximately $30k less.

Assets/Liabilities:

  • Accounts Receivable : $0
  • Incl :
  • Real Estate : $0
  • Incl :
  • Inventory : $12,000
  • Incl : Yes
  • Liabilities: $0
  • Incl :
  • FF&E : $12,000
  • Incl : Yes
  • Leasehold : $21,000
  • Incl : Yes
  • Other : $93,000
  • Incl : Yes
  • Total Assets : $145,000
  • Incl : Yes
  • Accounts Receivable : $0
  • Incl :
  • Lender Prequalified: No