Network of successful fitness centers steadily in profit

Praha, Czechia

listing nr.: 190025

Sorry, this listing
is no longer active
Valuation 645 000 € (15 800 000 CZK)
Net debtNet debt is an indicator of a company's indebtedness. It is expressed as the amount of the interest-bearing loan minus the cash in the company.
0 €
Revenues Revenues express the total annual volume of the company's performance, which the company obtained through the sale of goods and services during the accounting period.
759 000 €
HistoryDuration of business operation.
14 years
EBITDA EBITDA is a financial indicator of the company's operational performance. Annual EBITDA is expressed as earnings before interest, taxes and depreciation in a given year.
133 000 €
EmployeesThe number of employees employed in the company on a permanent employment contract as of the date of publication of the offer.
10

Basic information

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.

Tangible property

  • A set of machines and trainers – about 2 700 000 CZK
  • other equipment – about 250 000 CZK

Intangible assets

  • established brand
  • stable clientele
  • contracts with franchisees
  • master franchise agreement

Real estate

  • the company does not own any real estate

Employees

  • Executives: 2x
  • Coaches and Co-workers: 16x
  • Accounting, marketing and administration: 3x
  • Receptionist: 3x

Net debt

no debt

Average annual sales

2015-2017: 20 million CZK

Average annual profit (EBITDA)

2015-2017: 4.5 million CZK

Other information

  • History: 10 years
  • Reason for sale: orientation of the owners to another business
  • Legal form: s.r.o.
  • Subject of sale: 100% share in s.r.o.

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I am interested

Ing. Tomáš Šuverík

managing director

+420 731 788 155
suverik@inbase.cz

If you are interested, contact us!

We will be happy to provide you with more detailed information after signing a non-disclosure agreement (NDA).