Life Member, Institute of Business Appraisers, Inc. #2652-01 American Society of Appraisers #003991 Mass. Division of Registration, Real Estate Brokers #9011538 New England Business Brokers Association, Past President, current member International Business Brokers Association Turnaround Management Association Mass. Restaurant and Package Store Associations M&A Source Association of Professional Merger & Acquisition Advisors Contributing Intermediary, BIZ COMPS©, annual business sales statistics Hall of Fame, Pratt’s Stats® sold business data base
East Greenwich, RI
Exceptional opportunity to buy into a business franchise for a fraction of the original cost with financing terms that make your entry as simple as possible. Similar operations would sell for 3 times the current asking price. If you always wanted to be in the food business but were afraid to take the leap, now is the time to do it. The franchise will hold your hand and help you make it a tremendous success. All you need is the motivation and determination to succeed. Call now for your private showing!
East Greenwich, RI
Very modern location with top of the line equipment. Personal training, group exercise, boot camps, nutritional counseling and Chiropractic services. Acquisition of this location represents a compelling opportunity for a purchaser to acquire an established club with loyal members, high quality instructors, state-of-the-art facilities and equipment in a desirable location for a fraction of the capital required to build from scratch, resulting in: o Minimal investment o EBITDA positive location o Higher ROI o Significant potential for operating leverage o This facility could not be replicated today at a cost that would make economic sense for the respective buyer with no members. o The Company continues to invest in the facility, and since opening has spent significant capital on updating and maintaining the facility. o Quality equipment – routinely upgrades its equipment to the latest series. o Favorable lease terms
This property offers a great opportunity for the right buyer. Great location and property. Owner has over $1 million dollars into this property. Rental income from apartment upstairs. Make an offer!
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