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Upscale Personal Training and Fitness Business
Financial Summary
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detailed financial analysis provided by seller
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Year
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2008
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2007
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2006
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Data Source
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P&L
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P&L
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P&L
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Income Statement
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|
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Revenue
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155,957
|
153,714
|
144,145
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Cost of Goods Sold
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0
|
0
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0
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Gross Profit
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155,957
|
153,714
|
144,145
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|
Operating Expenses
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132,152
|
123,388
|
128,076
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Pre-Tax Net Profit
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23,805
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30,326
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16,069
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Adjustments
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|
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Interest
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2,301
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3,859
|
3,184
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Taxes
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|
|
|
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Depreciation
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10,761
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8,387
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6,803
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Amortization
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|
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Owner’s Salary Adjustments
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|
|
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Owner Salary or Compensation
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20,805
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17,030
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28,887
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Matching FICA Taxes (est.)
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|
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Add Backs and Fringe Benefits
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|
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Auto
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4,947
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2,815
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3,072
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Health Ins.
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5,400
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5,400
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5,400
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Auto Ins.
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3,588
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3,588
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3,588
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Supplies
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16,895
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17,516
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16,773
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Schooling
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13,000
|
15,000
|
10,200
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Discretionary Earnings
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$101,502
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$103,921
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$93,976
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I. Financial Summary: The information contained herein was obtained from the owner. Although believed to be factual, Business Ventures of Tampa Bay, Inc. and its agents make no representations or warranties as to the completeness or accuracy of these figures.
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