Last Revised: 12/4/19. Posting #: 10249072
Key Words: gym, gyms, fitness, fitness center, fitness centers, health club, health clubs, portland, multnomah
Financial Info: Asking Price: $1,500,000. Cash Flow: $400,000. Gross Revenue: $1,121,833. Building Size: 12,000 sq. ft. Rent: $8,500/month. 3,500 members, $70K monthly EFT draft. The club has been established for 30 years and has increased revenue each year the last 3 years.
Profile: This gym has everything you could want in an acquisition. Established and highly successful, but still plenty of room for growth.
This club is well run and easily managed. This is a rare opportunity to own a very clean and friendly fitness facility with a strong proven history of profitability. Ideal opportunity for an executive looking to own their own business and or a professional couple. Very few clubs have as much upside to offer as this club with growth opportunities in personal training, nutrition and retail.
Solid memberships, great lease, clean books and records available to qualified buyers. The facility is well staffed and equipment is in good or excellent condition. Located in a strong population base. 3,500 members, $70K monthly EFT draft with low rent of $8,500!
Live and raise the family in a beautiful clean air community.
Please contact us today for an NDA.
Location: Portland, OR
Real Estate: Leased
Building Size: 12,000
Facilities: 12,000 square foot club in prime location with very low rent!
Competition: Usual competition. The club has been established for 30 years and has increased revenue each year the last 3 years.
Growth & Expansion: New eyes and new blood can continue the robust upward trend of this club.
Financing: If lender requires it.
Support & Training: Yes, support and training will be provided based on the needs of the buyer.
Reason for Selling: Retirement
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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Profile: Willard Michlin is a business broker for 23 years. As a CPA & Certified Fraud Examiner, he works with buyers to get a FREE market valuation as well as full industry & financial due diligence on businesses they are interested in buying. He also offers FREE do-it-yourself due diligence training.
Key Words: willard michlin, due-diligence, due diligence, michlin, kismet
Blogs, Articles, Interviews, & Events That Will Help You Sell Or Buy
Profile: Business Valuation Expert and CPA John Byrne explains how business owners need to have accurate and timely financial statements in order to manage, grow, and ultimately sell their business. The emphasis should be on generating the financial statements to serve all users of the financial data.
Key Words: selling a business, sell a business, sell your business, financial statement, financial statements, financials, valuation, valuing a business, valuing your business, business valuation, business owner, business owners, owner sellers, john byrne
Profile: Whether it’s a business owner/seller or a business broker representing a business owner who is selling, buyers of businesses must be diligent about asking the right questions and getting the right information up front before wasting their time or losing money in a potential futile transaction.
Key Words: buying a business, peter siegel
Profile: To prepare your business for sale, business owner sellers need to think like a buyer to reduce risks. John Byrne, CPA, Valuation Expert, and Due Diligence Advisor, shares three factors business owners need to address in order to maximize their business’s value at exit.
Key Words: valuation, business valuation, valuing a business, valuing your business, sell a business, selling a business, sell your business, sellers, john byrne
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Profile: Jim Thomas (at 214-629-7223), national business broker and consultant specializing in the fitness, health club and sports industry, shares 4 helpful tips for fitness-related business owners who are looking to find success throughout the process of selling their gyms.
Key Words: fitness, fitness center, fitness centers, gym, gyms, health club, health clubs, sell a business, selling a business, sell my business, selling my business, jim thomas
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