Two Highly Profitable Fitness Centers

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Asking Price:
$2,795,000

Gross Revenue:
$1,942,944
Cash Flow:
$679,858
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$64,000
included in asking price

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Business Description

Two Highly Profitable Fitness Centers - These two well established, non-franchise fitness centers have demonstrated increased profitability year after year. Location #1 opened its doors in early 2009, became profitable very quickly, and continues to consistently generate good cash flow. Location #2 opened its doors a few years later, has been profitable the last three years, and has plenty of room for growth. Both locations have well-trained managers and staff already in place taking care of the daily operations. The management team prides itself in having a clean and friendly environment, which explains the high use and membership retention rates. The asking price reflected below is for both locations, but the sellers will entertain the sale of each location separately. Contact Rob Amerine.

About the Business

Location:
Colorado
Year Established:
2009
Number of Employees:
6-FT, 14-PT
Real Estate:
Leased
Building Sq. Ft.:
40,000
Facilities:
- Colorado
- 2 Locations (each approx. 20,000 sf)
- Favorable Lease Terms
Market Outlook/
Competition:
- Independently Owned
- Well Maintained Equipment
- Great Locations
- All Equipment Owned
- Recurring Revenue
- Good Growth Potential
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About the Sale

Reason For Selling:
Retirement/Relocation

Listing Info

ID:
1485805
Ad Detail Views:
877

Attached Files Attachment Disclaimer

  Business Summary (154 KB)
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Business Listed by

Rob Amerine

The FBB Group, Ltd.

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Sponsoring Broker:

Ron Chernak
The FBB Group, Ltd.
License# ER000212091

U.S. Census Data for Colorado
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Colorado
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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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