Seeking capital.
10 year old fitness app & fitness center with outstanding track record of growth, no real estate involved. Owner will stay involved in smaller capacity. Company featured as top 5 app in a number of major industry magazines. Maintains very high growth potential in many avenues. Nearly all revenue is recurring with consistently low churn rate. My 2 partners and I have 40+ years in fitness industry and tech startup experience. Plan to use company as platform company to grow through rapid acquisition of fitness centers. Asset-based deal with no real estate involved. Seeking lead investor, with commitments contingent upon finding a lead investor established. Full business details available after signing NDA.
industry
Software
location
California, USA
revenue
$2,400,000
ebitda
$840,000
proposed price
$5,250,000
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