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For Sale Gym, Fitness Center In Celina, Collin County, TX

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Contact: Jim Thomas at 800-929-2898, 214-629-7223 - Log In To Message/Email This Contact
Last Revised: 12/4/19. Posting #: 10249092
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Key Words: gym, gyms, fitness, fitness center, celina, collin
Financial Info: Asking Price: $160,000. Gross Revenue: $356,028. FF&E: $200,000, included in asking price. Size: 8,000 sq. ft. Rent: $13,000/month. 2 employees on payroll. Over 1,500 members generating an average monthly EFT draft of $28K!
Profile: Perfect opportunity for personal trainer or first time buyer.

This 8,000 square foot club has over 1,500 members generating an average monthly EFT draft of $28K! Benefits include: 24 hour access, low cost, name brand equipment and tanning, excellent demographics. Excellent opportunity for a new owner to improve the business with additional marketing and sales plus adding personal training as a profit center.

Location: Celina, Texas
Asking Price: $160,000
Gross Revenue: $356,028
Real Estate: Leased
Rent: $13,000/month.
Building Size: 8,000 sq. ft.
Furniture, Fixtures, & Equipment (FF&E): $200,000 - included in asking price.
Employees: 2
Facilities: Upscale strip center with excellent demographics.
Competition: Normal competition but low price model is big advantage.
Support & Training: Yes

The club is in the red about $1K - $2K per month. New on-site Owner can increase membership and add personal training to increase profits. For the right buyer, this is a good opportunity because it would cost over $300K to open a club like this and build it up to 1,500 members.

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Contact: Jim Thomas at 214-629-7223, 214-629-7223 (Cell)   Log In To Message/Email This Contributor
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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Contact: David Didion at 571-989-6375   Log In To Message/Email This Contributor
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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Contact: Peter Siegel, MBA at 925-701-8064 X313, 925-785-3118 (Cell)   Log In To Message/Email This Contributor
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
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Contact: Steve Zimmerman at 650-823-6174, 650-823-6174 (Cell)   Log In To Message/Email This Contributor
Profile: Steve brings to his clients a wide-ranging business background with a focus on providing the highest level of customer satisfaction. Steve’s experience includes work in mergers and acquisitions, as well as small business brokerage, finance, business development and sales and account management.
Key Words: steve zimmerman, transworld, transworld business advisors, business broker, roofing, contractor, tour, restaurant, fitness, logistics, warren, morris, bergen, union, hudson, middlesex
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Contributor: Peter Siegel, MBA at 925-701-8064 X313   Log In To Message/Email This Contributor
Profile: When selling your business, asking the right questions and gathering the proper information up front will allow you to carefully vet and qualify potential buyers while helping you understand their intention to buy your business, saving time and keeping your business's information confidential.
Key Words: peter siegel, non-disclosure agreement, NDA, qualified buyer, qualified buyers, business purchase financing, financing, cash, SBA loan, SBA financing, preparing business for sale, equipment, lease, seller financing, assets, collateral
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Contributor: Jordan Green at 925-701-8064 X314   Log In To Message/Email This Contributor
Profile: When selling your business, it is important to remember that over 80 percent of businesses that go to market never sell. In order to avoid becoming a part of that discouraging statistic, you must revisit these 5 important questions to ensure your business is set up and prepared to sell.
Key Words: jordan green, selling, seller, business for sale, marketing, landlord, lease, rent, cash-based businesses, broker, business broker, advertise
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Contributor: Jordan Green at 925-701-8064 X314   Log In To Message/Email This Contributor
Profile: Performing due diligence when buying a business is critical to ensuring that you are making the best purchase for you and your family. As your professional team dives deep into a business during due diligence, be sure to ask the seller these questions about owning and operating the business.
Key Words: buyers, business buyers, buying a business, due diligence, jordan green
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Contributor: Peter Siegel, MBA at 925-701-8064 X313   Log In To Message/Email This Contributor
Profile: Obtaining business purchase financing can take business buyers many months, however, there are a number of ways Business Buyers can prepare in order to obtain faster SBA loan approvals from financial institutions. Peter Siegel, MBA shares a list of documents to have prepared for faster approvals.
Key Words: sba, sba loan, sba loans, financing, business purchase financing, peter siegel, financial
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Contributor: Peter Siegel, BBN Facilitator at - Log In To Message/Email This Contributor
Comments & Replies: 14   Topics: for sale by owner, landlords, selling a business
Profile: While there may be exceptions, I believe the best practice is to let the land owner know about your plans to sell the business - meaning a new tenant for him or her - before you begin marketing the company for sale. There are two schools of thought on this important question. BBN Members weigh in.
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Contributor: Peter Siegel, BBN Facilitator at - Log In To Message/Email This Contributor
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Contributor: Peter Siegel, BBN Facilitator at - Log In To Message/Email This Contributor
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