For sale Fitness center
|Sale topic||For sale company|
|Industry||Gyms and other sports companies|
|Adjusted revenue||450 000 EUR|
Offer, paying off debt
The business functions as a private training facility for very popular sports. The core of the business is its fitness center facility. Functions like making appointments, sales, cleaning and building management have been outsourced. The revenue is budgeted at 450.000 euros, which leaves an operating margin of around 170.000 euros. The business has a significant amount of debt, but it is possible to negotiate how to pay off the debt. This is an opportunity to get a well-financed package on the cheap.
Asking price justificationIn a stock sale the buyer can make an offer and present a plan on paying of the debt to the financiers. In the business’ budget of 2019 the operating margin is around 170.000 euros.