Semi-absentee run, full-service Franchise Fitness Center for sale
Asking Price: $600,000 Gross Revenue: $950,000Cash Flow: $225,000EBITDA: $200,000Inventory: $2,500 not included in asking priceFF&E: Not Disclosed included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Very profitable, full-service fitness center for sale stacked with first-class, well-maintained equipment from top manufacturers. The gym boasts several awards and franchise accolades. The club has management in place to run the day-to-day activities. The owner visits as needed. Great opportunity for an owner operator or investor to take over. Franchise training and ongoing support is excellent.
This fitness center is poised for growth. The club can easily serve double the number of members. This montgomery county gym offers great value and growth opportunity due to the area’s high need.
The club is bright, clean and has an open feel that makes it a great place to work, play and earn. Members say there is a sense of community and service in the gym that makes them feel comfortable compared to other competitors.
The club makes $225,000+ cash flow for the current owner. A new owner would put down about $100,000 and earn $150,000+ cash flow after debt-service in its first year. The owner would like to move quickly. Don’t hesitate to contact us by phone or email today.
About the Business
Number of Employees:
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The facilities are kept like new and clean. Plenty of convenient parking. Located around major national tenants.
The club is in a prime location so there are other competitors in the area. Most competitors don't offer services and value to members that way this club does. The capacity of all competitors combined is estimated to only serve a fraction of the eligible demographic.
Growth & Expansion:
The owner has a list of action items that can increase members. In this case, experience and know-how exceeds the energy or interest level to do it.
Employee-managed Franchise Fitness Center poised for growth
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