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  • RE:  OWNER FINANCING AVAILABLE Fitness Equipment Repair
  • Contact:  Richard Collins
Owner Financing is Available!
Owner Financing Amount $100,000.00 Owner Financing Interest 6% Owner Financing Terms Months 48 Owner Financing Monthly Payment $2,348.50

Quick Facts

Asking Price: $299,900
Annual Revenue: $160,000
Net Profit: Not Disclosed
Cash Flow: $153,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 1
BBN Listing #: 950659
Broker Reference #: 45783-923510

Email or Print Listing

Business Overview:

This is a promising Home-Based opportunity for someone who is mechanically inclined and willing to put in the effort to grow the business further. The owner needs to sell the business because he is near retirement age and has a bad hip which has become very painful when he is working. He is offering seller financing. The details provided suggest that there is significant potential for expansion through various avenues such as extending hours, hiring more staff, increasing the service territory, and possibly through franchising. The fact that the current owner is willing to provide training and support for months is also a valuable asset for a prospective buyer. This could help in the smooth transition of ownership and the continued success of the business. If you are considering acquiring a business, this fitness equipment repair business is definitely worth exploring to see if it aligns with your skills, resources, and long-term goals. The owner has appointments scheduled and booked through the remainder of 2024. If you have any specific questions or need further assistance, please contact me!

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Reason for Selling:

retirement

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is a homebased business opportunity.
  • This is not a franchise resale opportunity

Relevant Links:

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