*UNDER CONTRACT* More Weightloss Locations Available. Call NOW!!!

Glen Allen, VA (Henrico County)

Got Weight? Lose It NOW!!!
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Asking Price: $5,520,000

Cash Flow: N/A

Gross Revenue: $7,052,052

EBITDA: $1,574,108

FF&E: $228,848

Inventory: $36,896

Rent: $20 /Month

Established: 2007

*UNDER CONTRACT* More Weightloss Locations Available. Call NOW!!!

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Business Description

This Listing Will Not Last Long!!! Considered the top-performing, multi-unit clinic in one of the hottest weightloss franchise systems, there are two (2) well-established and highly profitable franchised-locations in North Carolina, two (2) well-established and highly profitable franchised locations in Virginia and one (1) recently established location, also located in North Carolina.

At the request of our client, we kindly ask that only serious, well-capitalized prospective buyers inquire.

This is a turn-key franchise business with one major advantage over the competition and checks the "wish-list" box of every category for Accredited Investors, Family Offices and Private Equity Firms. Qualified prospective buyers should immediately request a Non-Disclosure Agreement and Confidential Offering Memorandum TODAY!!!

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
22,487
Lease Expiration:
8/1/2022
Employees:
15-25
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
#1. Huntersville, North Carolina 28078 Square Footage: 4,163 Term: August 2016-2022 Rent: $6,071.04 | $72,852.48 #2. Midlothian, VA 23113 Square Footage: 4,000 Term: December 2010-2020 Rent: $7,333.33 | $88,000.00 #3. Charlotte, NC 28211 Square Footage: 3,620 Term: May 2016-2021 Rent: $7,617.08 | $91,404.96 #4. Glen Allen, VA 23058 Square Footage: 4,289 Term: September 2010-2020 Rent: $6,923.34 | $83,080.08 #5. Charlotte, NC 28277 Square Footage: 4,356 and 2,059 Term: September 2009-2019 Rent: $12,403.09 | $148,837.08
Competition:
Our “Services” which are Products or Services that may be required by applicable law to be provided by an independent Physician employed by a medical practice (or by you if permitted by law) responsible for supervising and/or monitoring the Program. Our Program guides the manner of dealing with customers, mix of and use of Products and Services, as well as the general customer experience. Our Foundational Elements are those attributes of our System we do not license to others as part of or in connection with any Products or Services we may sell via the internet or Alternative Channels of Distribution. Currently, we consider the Foundational Elements to include our EMR Software, our diet methods, Manuals, and other services and intellectual property we deem critical to allow someone to commence a Business.
Growth & Expansion:
Our “System” allows for the efficient operation of the Business to provide a platform for the sale of Products and Services, as well as to provide ease of operation of its Practice component. Our System includes our clinic management system; accounting system; distinctive business formats; uniforms; color schemes; methods; procedures; system-common practices and processes; advertising practices; hiring practices; designs; layouts; signs; product and service mix; licensed or proprietary software; hardware and electronic devices; standards; specifications; treatment protocols; and/or other System Standards defined in our Manuals, all of which we may improve, further develop or otherwise modify from time-to-time.
Support & Training:
Before the Business opening, we will provide business operations training to your personnel, one of whom must be your owner and another must include your on-Site Manager/ Sales Director and Medical Director (“Owner/Manager Training”). At least three (3) persons must complete the Owner/Manager Training. Approximately between two (2) and five (5) consecutive days of this training will be furnished at our designated training facility and/or at an operating Business.
Reason for Selling:
Sellers have decided to pursue other business opportunities
Franchise:
This business is an established franchise
Business Website:
http://www.imatchfranchise.com
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(from currently available funds)
 
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Adam Edwards, NFL Alumni, CFE, CTA

Business Listed By:
Adam Edwards

iMatch Franchise and Global Investments

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