Private Fitness Center in North Dallas

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Asking Price:
$129,000

Gross Revenue:
$215,517
Cash Flow:
$67,481
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$500
not included in asking price

FF&E:
$40,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Prime location independent fitness center with a unique concept unlike any other typical fitness center placed in upscale North Dallas is available for acquisition. This low overhead, highly profitable business was originally established over a decade ago in 2003 by the current owner of the business. Competition is expected as this is a large industry, but this business isn't like other typical fitness centers with just equipment and has a built-in training program that will maximize results. Most of the customers are evenly both men and women that live nearby in the densely populated residential neighborhoods as well as apartment complexes that have a monthly membership subscription. Current revenues are running at $257,000/year that was accomplished with minimal marketing done except through word of mouth and online coupons. Although some marketing is done by social media outlets and coupons, other marketing tactics needs to be fully utilized to reach the untapped customers within the area and generate more cash flow to grow the business. There are many ways to proactively market this business such as direct mailing, flyers, add more equipment, monthly subscription discounts, referral discounts, expanding current workout training program and hiring additional trainers. Purchasing new equipment and adding personalized workout routines will help attract many more individuals in the area that is looking for a become more active and healthy. This business has everything in place for a potential buyer to proactively market this business while being fully involved in the day-to-day business operations.

Listing ID #000546
For more info, please call Moon Kim at 1-866-519-2421.

About the Business

Location:
Dallas, Texas
Year Established:
2003
Number of Employees:
1PT
Facilities:
This business is located in a 3,283 SF retail strip center surrounded by many apartment complexes and densely populated residential neighborhoods. All equipment is in impeccable condition and in working order.
Market Outlook/
Competition:
Few competitors are within the immediate market area, but this fitness center has a specialized program that other typical gyms don’t provide.
Growth & Expansion:
Some marketing is done through coupons and social media outlets, but other forms of proactive marketing that is available needs to be utilized to generate more cash flow and acquire untapped customers.
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About the Sale

Reason For Selling:
Other Opportunities
Training/Support:
The owner of the business will provide the necessary training needed to smoothly transition into the business operation.
Seller Financing:
100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Bu

Listing Info

ID:
1522964
Ad Detail Views:
360

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Business Listed by

V-AID Group, Inc.

www.v-aidgroup.com
License# 567204

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U.S. Census Data for Collin, Dallas and Denton Counties, TX
Age

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Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Collin, Dallas and Denton Counties, TX
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Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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