Last Revised: 12/9/19. Posting #: 10249094
Key Words: fitness, gym, franchise, kickboxing, circuit training, fitness studio, fitness center, new haven
Financial Info: Asking Price: Seller will consider all offers (Range of Estimated Value: $130,000 - $150,000).
Annual Sales: $194,028. Seller's Discretionary Earnings: $69,000. FF&E: $16,000. This established gym has over 280 members with EFT-paid monthly contract or paid-in-full membership.
Profile: Richman Business Brokerage is exclusively representing a franchised kickboxing studio centrally located in New Haven County. The business is one of multiple locations owned and operated by the current owners, who are selling to focus on two of their gyms closer to their home location. The fitness center’s program is a 30-minute kickboxing style circuit with heart-rate training and nutritional program. This established gym has over 280 members with EFT-paid monthly contract or paid-in-full membership. There are two full-time and three part-time employees, all of whom have been with the facility over a year and hold various fitness certifications. The business operates from a 1,250 sq. ft. commercial space in a busy shopping plaza. The plaza is newly designed and well-kept, with excellent signage and visibility from the high-traffic major CT route. The route receives over 24K cars daily. The franchise provides ongoing support with their turn-key POS system, marketing programs, daily fitness challenges and curriculum, as well as proprietary heart-rate tracking technology. The corporate brand has locations world-wide and offers franchisees new locations for a $100K-$130K investment. All initial start-up has been done by the current owners who have grown this location into an established success, offering a buyers-advantage to purchasing this turn-key existing operation.
Professional Resources & Contacts To Help You Close Your Deal!
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
Profile: Deal Team was founded with a mission to provide breakthrough professional business brokerage services to small and mid-size businesses. Our professional and practical approach to business sales brings a level of service to middle-market businesses that is regularly experienced by larger companies.
Key Words: david richman, richman business brokers, business broker, business intermediary, valuation, business valuation, consultant, fitness, manufacturing, machine, appliance, pet containment, pet, pets, locksmith, locks, cleaning, detailing, grocery, entertainment, family entertainment, metal, sheet metal, manufacturing, drilling, new haven, litchfield, farmington valley, hartford,
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
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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
Blogs, Articles, Interviews, & Events That Will Help You Sell Or Buy
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Key Words: jordan green, deal structure, purchase agreement, deal terms, buyer, business buyer, financing, post-deal terms, negotiating, transaction, buy a business, negotiator, negotiate, pre-qualified, transition
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