B80

Nova Scotia — city not named

Fitness, recreation & events business for sale in Nova Scotia

Listed as “Thriving Authorized Yamaha Golf Car Dealership

Price

Asking price$2,150,000
Multiple5.6× SDEin line with comparable listings
Comparables2.6×–5.4×median 3.8× · 11 Fitness, recreation & events listings

Asking prices on listings with disclosed SDE, not sale prices. Valuation calculator for Fitness, recreation & events

Earnings

Revenue$2,641,879
SDE / cash flow$383,596
EBITDANot disclosed

Business

LocationNova Scotiathe listing names only the province
Employees5
Established2006
Days listedNot disclosed

Sale

Reason for saleOwner retiring
Seller financingNot disclosed
CSBFP loanPart of it at mostasset purchases only, with at most $150K toward goodwill — confirm with a lender

Score

  • Price80in line with comparable listings
  • Disclosure1006 of 6 key facts published
  • Financing45over the CSBFP’s $1.15M loan cap
  • Handover90owner retiring
  • OverallB80/ 100 — grade B

Weighted price 40, disclosure 30, financing 20, handover 10; minus 10 per red flag not already counted. A 85+ · B 70+ · C 55+. How we grade

Red flags

  • None trippedThat’s not diligence — still ask for three years of financials.

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