Last Revised: 9/19/19. Posting #: 10249079
Key Words: gym, gyms, fitness, fitness center, health club, rockwall
Financial Info: Asking Price: $425,000. Gross Income: $780,974. Cash Flow As Absentee Owner In 2018: $144,111. Gross sales revenue up over $200,000 from the previous year. 2016 Gross Sales: $554,552. 2017 Gross Sales: $565,207. 2018 Gross Sales: $780,974. Seller Financing 5% with a full price offer.
Profile: Gross sales revenue up over $200,000 from the previous year.
Very popular fitness center for sale. Very easy to manage and a lot of fun. Sales are growing fast. 2018 Absentee Owner Benefit is $144,000. Owner operators could make more. Seller will entertain all reasonable offers. Reason for sale – seller is retiring.
Locally, this fitness business has delivered on a mission to provide an overall health focused high energy workout that’s instructor based and involves a blend of head to toe exercise, cardio conditioning, and resistance training. The fitness center was just recently remodeled with over $30,000 in improvements.
In 2018, the business implemented a very popular weight loss program that increased sales by over $200,000 from the previous year. The program is very successful and 2019 sales remain strong.
This is a great turn key opportunity with a strong operating infrastructure. Management and staff are in place operating the day to day needs of the business. So, a transition will be relatively easy and will be supported by the current owner.
Sales continue to grow year after year.
2016 Gross Sales: $554,552
2017 Gross Sales: $565,207
2018 Gross Sales: $780,974
The 7,400 sq. ft. fitness center was just recently remodeled with over $30,000 in improvements.
Seller Financing 5% with a full price offer.
No cost for 2 weeks.
Reason For Selling:
Professional Resources & Contacts To Help You Close Your Deal!
Profile: I founded BizBen and BizBenNetwork to make the process of buying and selling small to mid-sized businesses more efficiently. I currently head up the Facilitator team at BizBenNetwork where we assist BBN Members with connecting with others to facilitate a deal. Thanks for using BizBenNetwork!
Key Words: BizBen, BizBenNetwork, facilitator, advisor, consultant, peter siegel, siegel, bbn
Profile: We sell boutique gyms to national fitness center chains. The American Gym Trader Difference: We pride ourselves on being there for gym owners, because we used to be in their shoes! Our team spent more than two decades in the fitness industry, owning a gym just like you do.
Key Words: david didion, american gym trader, business broker, consulting, business valuation, gym, fitness, rockwall
Profile: Jim Thomas is the well-known founder and president of Fitness Management USA Inc., a management consulting, turnaround and brokerage firm specializing in the fitness, health club, and sports industry throughout the United States.
Key Words: jim thomas, fitness management & consulting, gyms for sale, business broker, business valuation, due diligence, consulting, fitness, gym, interval training, health club, athletic club, crossfit, dallas, collins, washington dc, marion, hillsborough, portland, multnomah, anna, prescott valley, yavapai, guliford, cicero, kings, leadville, lake, celina, raliegh, durham, clifton park, saratoga, cincinatti, hamilton
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Key Words: willard michlin, due-diligence, due diligence, michlin, kismet
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