Turnkey Gym Business – Consecutive YOY Growth, Recurring Revenues

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90% Repeat Customers. $50K FF&E Included. 75% Profit Margin.
Asking Price:
$290,000

Gross Revenue:
$512,930
Cash Flow:
$91,884
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

This highly profitable gym is a full service training center that specializes in strength & conditioning for athletes, individuals and groups of all ages and fitness levels. Founded in 2010, this turnkey business has established a loyal customer following with 90% of revenues coming from recurring monthly membership subscriptions and the business continues to thrive in 2017 with 3 years of consecutive YOY net profit growth.

This business can be operated with minimal owner involvement as the seller employs 30 employees that handle the majority of daily operations, which makes this a perfect fit for anyone with general business experience as prior experience is not required.

With a proven 7 year track record of strong cash flows and 75% gross profit margins, this business includes a highly valuable base of recurring monthly subscription revenues and is well positioned for continued growth moving forward. $55K worth of FF&E is included with the asking price. This business is the definition of a turnkey operation and with a proven track record of strong cash flows, 75% gross profit margins and 3 years of consecutive YOY net profit growth, this high quality acquisition opportunity offers a very clear path to a substantial return on investment.

About the Business

Year Established:
2010
Number of Employees:
30
Real Estate:
Leased
Facilities:
The business is currently operated out of warehouse space with 15,000 square feet of usable space.
Growth & Expansion:
With a strong base of recurring membership subscription revenues, there are endless opportunities for continued consecutive YOY growth.
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About the Sale

Reason For Selling:
Focusing on an unrelated business
Training/Support:
The seller is committed to the company's ongoing success and will provide 30-60 days of complete training and support.
Seller Financing:
Please inquire for more details.

Listing Info

ID:
1360530
Ad Detail Views:
288

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Business Listed by

Andrew Rosenthal

Lighthouse Business Brokers

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