Last Revised: 12/4/19. Posting #: 10249142
Key Words: gym, gyms, fitness, fitness center, health club, clifton park, saratoga
Financial Info: Asking Price: $399,000. Gross Revenue: $370,098. FF&E: $382,200. Rent: $11,493/month. Furniture, Fixtures, & Equipment (FF&E): Included in asking price. The club has 600 members and a monthly EFT draft of $30,000. Website and marketing which provided 35% growth over prior year.
Profile: Established business with lot's of room for growth.
Dynamic fitness center with open gym, fitness classes and personal training focusing on quality and variety above all else. The club is 15,000 square feet, has 600 members and a monthly EFT draft of $30,000. The business was established in January 2015 and recently broke the breakeven point, and would be making a profit without the debt service ($8K - $10K per month).
They have a unique business model that has built a solid client base. Impressive website and marketing which provided 35% growth over prior year.
The only thing holding the business back is the debt. Therefore, a partner/investor opportunity is also being offered (25% for $250K) as well as a 100% buy-out option where the business will be sold debt free and clear.
Clifton Park, NY
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
15,000 square foot space with state of the art equipment. Plenty of space & parking.
Support & Training:
Reason for Selling:
Lack of funds to cover the debt.
Professional Resources & Contacts To Help You Close Your Deal!
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
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
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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
Blogs, Articles, Interviews, & Events That Will Help You Sell Or Buy
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