The subject of the sale is a company operating a network of branded fitness centers with more than 10 years of history. The company owns four fitness centers, and more than 10 fitness centers are run under the franchise contract. Franchisees pay companies regular royalties on a monthly basis, which is a significant part of the company’s revenue. The fitness center brand is established and well known in the Czech Republic.
Due to the rapid expansion of its branch network, the company has been making a positive profit since its second year of operation. Revenues and profits continue to grow for the fourth year. The new owner sees multiple opportunities for further growth, such as opening more of its own affiliates, expanding its branch network in Slovakia, or extending the concept to other countries.
The company is currently working with 24 employees or external collaborators, especially individual coaches working with a company as self-employed.
The company is funded solely from its own resources by retaining retained earnings in the company. The company does not use any form of bank financing. The company has no liabilities to the state and does not cause any legal disputes.
The reason for the sale is the ownership of the business in a completely different industry.
Average annual sales
2015-2017: 20 million CZK
Average annual profit (EBITDA)
2015-2017: 4.5 million CZK
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