The current owner of a business in the fitness industry, recounts the inception and development of their company amidst personal challenges. Initially aspiring for a professional tennis career at an academy, they sustained a severe back injury that sidelined them from sports for several months. This downtime led to the establishment of the company with an unexpectedly rapid success, achieving significant profit and a notable revenue milestone within a few months. However, the attempt to automate the business through a marketing agency led to financial losses, prompting a scale-down and the challenge of balancing academics, tennis, and the business.
As the business owner prepares to start college, they are seeking to sell the company to focus on education. Despite limited investment of time—about 3 hours weekly during summer and 1 hour during school terms—they have maintained steady business progress. The current team is minimal, consisting of the owner, a long-term supplier, and a virtual assistant. The owner highlights unexploited opportunities, particularly in digital marketing channels that could enhance profit margins. They envision significant potential for the business under new ownership with the right focus on marketing and operational improvements. The company has demonstrated demand and the current revenue metrics suggest further potential growth. For inquiries, contact details were provided, encouraging prospective buyers to reach out for more information.
Flippa’s platform is free for buyers. Here are our tips for first-time buyers:
Before making an offer
1. Look for verified sellers. Sellers should verify their email, phone, and government ID. When a seller has completed all verifications, we identify them with a checkmark like this:
2. Review financials. Financials are seller-provided inputs. Always ask for verified financials. Ask for a tax return or request access to their dashboard. if it’s an ecommerce store get a transaction report.
3. Review traffic. Sellers can grant you access to Google Analytics. Ask for read-only access to verify site traffic.
4. Schedule a call. Communication is key. The best way to find out more is to speak directly with the seller. For your protection, keep all communication within Flippa.
5. Make the offer on Flippa. We’re here to help. Flippa does not charge buyers and by making an offer on Flippa you’ll get access to our post-sales support team.
1. Agreements & Contracts.
Connect with a US-based lawyer or purchase asset-specific template legal documents via Flippa Legal.
2. Conduct Due Diligence.
You can conduct this yourself or use our trusted network of industry-leading due diligence partners. They can provide in-depth analysis, identify hidden risks, and independently assess the value of the business. Learn More