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California

  • Listing No.: 106-15274

  • Category: Franchise, Service

Asking Price $995,000
Down Payment $0
Gross Revenue $624,240
Total Adjusted Net Income $351,871
Equipment/Fixtures 0.0
Year Established 2006
General Location California
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Fantastic opportunity to own all of the rights to a growing franchise system in the health and wellness industry! Recurring revenue is every buyer's dream. This company receives monthly royalty fees from a growing number of franchisees, in addition to other revenue channels. Several new franchise territories were sold in recent months, which will result in even higher royalty revenue in 2019 and beyond. Financial representation only includes January through October 2018 so year end numbers will be even stronger. This is a lean and mean operation with the need for very few employees as it is currently operated. The primary focus of a new owner would be to scale this franchise into every major market. The opportunity is vast and franchise systems rarely come to market! If you are a good leader and know how to sell, this is a prime acquisition for you to explore further.

Gross Revenue $624,240 Listed Price $995,000
Total Income $351,871 Down Payment $0
Base Rent $0 Square Feet 8000
Total Rent $5,251 Lease Expiration 12/2019
Rent Deposit $0 Lease Options
Inventory $0 Leasehold Improvements
Equipment/ Fixtures 0.0 Other Assets
Full-Time Employees 0 Training Period 30 days
Part-Time Employees 4 Special License Required
Contract Staff 0 Reason for Selling Other Business Ventures

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.