Reply To: Company financials

vincemartin #4837

Good afternoon, that is correct, I am seeking to purchase an existing franchise location at Arana Hills.
The company Demarche Fitness is an existing company which i have owned for over 10 years, it was previously the operating entity for another business I owned which was sold in 2010 (financial advice practice).
You are correct, the actual centre is located in Brisbane (Arana Hills is around 15 kms from the CBD). The statement of ‘1.5 hours north’ was an assumption made in the listing only because I live on the Sunshine Coast and the company’s business address is currently listed at my home address.
I will be able to contribute the additional funds needed (as stated around $85K) to meet the shortfall as you have noted