printContact Information
Phillip Holt
CBB, CBI, MBA
Sunbelt San Francisco/Oakland
phone: (510) 523-0232
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| Status | Active |
|---|---|
| Listing ID | N102-DB |
| Listed Price | $425,000 |
| Down Payment | $425,000 |
| SDE | $500,000 |
| Total Sales | $500,000 |
| Asset Info | |
| Inventory† | $37,000 |
| Furn., Fixtures & Equip.† | $54,000 |
|
† Included in price |
|
Reason For Sale
Partner Relocation
Operations
| Year Established | 2007 |
|---|---|
| Form of Ownership | Corporation |
| Absentee Owner | N |
| Franchise | Y |
| Days & Hours | |
| Years Owned | 4 |
| Business Age | 5 |
Location
San Francisco Bay Area| Type of Location | |
|---|---|
| Lease Expires | 06/01/2012 |
| Security on Lease | |
| Location Comments |
Executive Summary
Business Description
This extremely well run, nationally franchised specialty fitness center in the San Francisco Bay Area exceeds most industry benchmarks. Consistent profitability and ratios such as payroll as a percentage of revenue (39.5% vs. 43.1% industry average), revenue per member ($792 vs. $697 industry average) and revenue per sq. ft. ($66.80 vs $51 industry average) indicate a very well-positioned, well-run business.Excellent club and sale management staff are in place. The franchise rights for the neighboring territory are included in this offering. Ths business is being offered for sale because relocation of a partner has made the ownership structure and on-going management difficult.
© 2012 California Association of Business Brokers 