Hot Listing

Own a hands off, Cashflowing Machine + RealEstate with Renters

Asking Price$500,000

Cash Flow
$109,644

EBITDA$237,638

Gross Revenue$358,362

Inventory$3,000
Included in asking price
FF&E$25,000
Included in asking price
Real Estate$1,200,000
Not included in asking price
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Hot Listing

Own a hands off, Cashflowing Machine + RealEstate with Renters


Asking Price$500,000

Cash Flow
$109,644

EBITDA$237,638

Gross Revenue$358,362

Inventory$3,000
Included in asking price
FF&E$25,000
Included in asking price
Real Estate$1,200,000
Not included in asking price
Business Description
Feel great about earning money while helping people.

This operations exists within 3,500sqft.

It is a customer centric business model with systems in place for service delivery, training, marketing, hiring & firing, advancement and management.

Client retention exceeds 95% with front end profitability on each sale.

Systems have been time tested, approaching 14 years.

General manager in place.

Owner is absent from operations and lives in another state for much of the year.

There is 1,500sqft of additional area occupied by a renter on a 5 year lease providing an additional revenue stream with purchase of the building (this revenue stream is NOT included in the financials of the primary business)

Total real estate valued at $1.2million.

The population of this location has grown significantly in the last decade and the trajectory seems to be continuing.

You're owning something that the internet cannot replace and everyone else in the industry is chasing.

This is a great opportunity to build additional locations with the systems and perhaps work toward franchising. (If you're wondering why the current owner is not seeking this, it's because the owner's heart just isn't in it anymore)
About the Business
Years in Operation
15
Employees
5
Facilities & Assets
3,500sqft for the gym facility. An additional area of 1,500sqft of space for rent.

Total real estate valued at $1.2million.

Equipment within the facility is in great shape and showing minimal wear or need of improvements or replacement
Market Outlook / Competition
This model is the future of niched fitness.

With that said, there is competition in the area, showing a strong demand for services within the exercise and health improvement space.

The area is also growing at an ever exceeding rate.
Opportunities for Growth
As is with any business, you have to keep an eye on your numbers.

This is a semi-seasonal business. Some points of the year you will want to push marketing, and at other points you will focus on retention and referrals.

This is something the internet cannot replace and everyone else in the industry is chasing.

With the systems, it is a great opportunity to build additional locations, and perhaps franchise.

One of the great things going for you is that you are new and excited. This is contagious. The opportunities for growth are immense.
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
5,060
About the Sale
Seller Motivation
Owner's heart just isn't in it anymore, and time for someone else to take over.
Transition Support
Owner is willing to be open to questions and assistance for up to 1 year after the sale.
Listing Info
ID
1951254
Listing Views
5203

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Listing ID: 1951254 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 of Use. Learn how to avoid scams.