Investor/partner wanted for 4 Fitness Centers for Sale in Southern California

Reference #:	25013295
Location:	Southern California
Price:	$4,500,000
Amount Down:	$4,500,000
Revenues:	$4,868,000
Discretionary Earnings:	$970,000
Total Assets:	$2,500,000
Business Description:	Investor/partner wanted for 4 national brand name fitness centers in So. Cal. This listing is for well established locations and two newer locations. Each location is a first class facilitiy and enjoys an excellent reputation in their respective communities. Of the two new locations, one has been open 2 years and is now breaking even and the other 1 year and should break even in 2010. The two established locations did a combined $3,187,215 in sales in 2008 and had an adjusted earnings of $743,341. Since these two new locations are still growing, the Gross and Adjusted Earnings figures above are based on the a furture projection. Total package is valued at 4 x's 2008 Earnings for the two established locations + $1,500,000 for the two new locations. Sellers have invested nearly $1,000,000 in each location. Make offer based on percentage of ownership requested.
Contact Us About This Business For Sale The information above has been provided by the seller and/or the seller's financial advisors and has not been verified by this independently owned office, its representative, or VR. This independently owned office, its representative, and VR make no warranty regarding the accuracy of this information and advises prospective buyers to conduct their own due diligence prior to purchasing any business.