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  Home > Search Results > For Sale: Health Club, Fitness Center

For Sale Health Club, Fitness Center In Raliegh, Durham County, NC

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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 #: 10249140
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Key Words: gym, gyms, fitness, fitness center, health club, raliegh, durham
Financial Info: Asking Price: $212,000. Gross Revenue: $632,226. Inventory: $350,000. Building Size: 25,000 sq. ft. Rent: $14,424/month. Large club with 1,400 members and a $32,000 monthly EFT draft.
Profile: Ideal acquisition for expanding operator or first time buyer. Established business with plenty of upside.

Asking Price: $212,000
Gross Revenue: $632,226
Inventory: $350,000
Rent: $14,424/month
Established: 2018

Business Description:
Large club with 1,400 members and a $32,000 monthly EFT draft.
Club was a start-up and opened in 2015. The current Owner purchased it in January of 2018.
He added a sports performance business and a boxing business and has grown the revenue and membership. But the club is still in the red and the owner does not have the funds to see it to profitability.

Detailed Information:
Location:
Durham, NC

Inventory:
Included in asking price

Real Estate:
Leased

Building SF:
25,000

Employees:
2

Facilities:
25,000 square foot club with group fitness, youth sports performance, women’s classes childcare & tanning.

Support & Training:
Yes

Reason for Selling:
Lack of funds.

Professional Resources & Contacts To Help You Close Your Deal!

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: 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: Willard Michlin at 805-428-2063   Log In To Message/Email This Contributor
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
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Blogs, Articles, Interviews, & Events That Will Help You Sell Or Buy

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: Peter Siegel, MBA at 925-701-8064 X313   Log In To Message/Email This Contributor
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Contributor: Jordan Green at 925-701-8064 X314   Log In To Message/Email This Contributor
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
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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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