16,000 sq/ft Gym with No Competition, Cash Flowing

Contact Seller
Cash Flowing Gym w/ Tanning, massage, martial arts, child care and more...
Asking Price:
$199,999

Gross Revenue:
$295,000
Cash Flow:
$71,500
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$1,000
included in asking price

FF&E:
$200,000
included in asking price

Share this business:

Business Description

Own this huge gym with a strong following, great reputation, and recurring revenue.

With 1,200 monthly memberships plus additional revenue from tanning, product sales, and room rental, this gym was absentee run until July and stayed profitable.

With no competition for approximately 30 miles and nothing close for diversity of services offered, this gym comes fully equipped with a furniture, fixture, and equipment value that matches the sale price. A buyer couldn't start a gym for the cost of this gym, much less walk into the cash flow and reputation of this facility.

Financial representations are a weighted average of the last 3 years of tax returns. Complete financials available in due diligence.

Complete the "Contact the Seller" box and look for an NDA in your inbox or junk mail. Complete this virtual document and expect a phone call before we release the full business review.

Inquire today!

About the Business

Location:
Franklin County, North Carolina
Year Established:
2013
Number of Employees:
7
Real Estate:
Leased
Building Sq. Ft.:
16,000
Rent:
$6,000.00 Per Month
Lease Expiration:
9/30/2020
Facilities:
Expansive and recently upfit facility with large open gym floor plus separate spaces for martial arts, aerobics, tanning, childcare, management, crossfit, and locker rooms.
Market Outlook/
Competition:
No competitors like this gym for 30 miles
Contact the Seller

About the Sale

Reason For Selling:
Relocation
Training/Support:
Two weeks training included in sale price.

Listing Info

ID:
1648841
Ad Detail Views:
0

Contact the Seller
Please confirm you're not a robot
Contact the Seller
Business Listed by

Neal Isaacs, MBA, CBI

VR Business Brokers - Raleigh

 Show Phone Number

View My 11 Active Listings
Memberships:


Certifications:

Similar Listings


Report an Issue The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms & Conditions.