Last Revised: 12/4/19. Posting #: 10249070
Key Words: fitness, gym, gyms, health club, athletic club, fitness center, marion
Financial Info: Asking Price: $750,000 for the Business Only. $2,750,000 for the Real Estate Only. $3,500,000 for the complete package! Annual Sales: $560,000 (not including rental income). Cash Flow: $130,000 (not including rental income). Seller Financing Available: Negotiable for well qualified buyers.
Profile: This is an ideal opportunity for an owner/operator to realize their dream.
If you have ever wanted to live and work in a resort community, this is your chance! This amazing club has it all – great location, full workout and cardio equipment, indoor and outdoor pools and a spa. What could be better and working in that environment in a resort community! This little gem of a true health club is the perfect opportunity to live your vacation. With not only strong local membership, this club also caters to the huge annual vacation crowd – offering group classes, full cardio and free weights workout facilities, personal training, group classes and even boxing. And, after your workout – enjoy a relaxing spa treatment without leaving the facility. This facility has the only indoor pool within 25 miles.
While the owners are open to selling the business only, they also own the real estate, including other retail space in the center, and would like to retire and sell the business and income producing real estate together.
Business State: South Carolina
Asking Price: $750,000 for the Business Only.
$2,750,000 for the Real Estate Only.
$3,500,000 for the complete package!
Annual Sales: $560,000 (not including rental income).
Cash Flow: $130,000 (not including rental income).
Seller Financing Available: Negotiable for well qualified buyers.
Active Members: 4,500, including seasonal members
Average Dues: $40
Facility Size: Health Club: 26,000 sq. ft. Total Facility: 30,000 sq. ft.
Year Established: 1993
Employees: 3 full-time, 20 part-time, 10 1099s
About the Competition: While there are other clubs in the area, no other center offers all of the amenities of this club giving it a unique advantage.
Growth Expansion: Location has fantastic growth potential, with a strong community participation as well as plenty of resort traffic
Support Training: Yes, negotiable
Reason For Selling: Retiring
Professional Resources & Contacts To Help You Close Your Deal!
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: 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: 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: The decision to sell your business is not always easy for business owners and is one that requires careful consideration. BizBenNetwork Senior Facilitator Manager Jordan Green breaks down the difficult decisions that business owners face to go out on top and avoid missing out on their final payday.
Key Words: jordan green, selling a business, sell a business
Profile: In most business transactions, the seller compensates their business broker upon the successful sale of their business. The fees/commission are specified in the listing agreement, including the amount, who pays it, when it's paid, and the expectations of the broker. BBN's Jordan Green explains.
Key Words: broker, brokers, business broker, business brokers, broker fee, escrow, listing contract, negotiation, business for sale listing, up-front fees, broker cooperation, brokerage, seller, business owner, jordan green
Profile: BizBenNetwork Manager Jordan Green explains the importance of keeping the potential sale of a business confidential and provides business owners with helpful ways to successfully keep their business’s sale a secret, as well as the consequences for disclosing a business’s sale prematurely.
Key Words: confidential, confidentiality, selling a business, non-disclosure agreement, business owner, owner/seller, owner seller, seller, qualified buyer, business broker, business brokers, nda, jordan green
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Profile: In a case study involving hundreds of business buyers, owner/sellers, and business brokers, BizBenNetwork Founder Peter Siegel, MBA and BizBenNetwork Facilitator Manager Jordan Green's research determined the most effective strategies for successfully advertising a business for sale posting online.
Key Words: business for sale, business wanted, for sale, wanted to buy, buy a business, buying a business, sell a business, selling a business, business for sale, advertising, advertise, posting, postings, business broker, brokers, business brokers, broker, agent, agents, jordan green
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