Outstanding Birmingham area Fitness & Exercise Center

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Health Care & Fitness Businesses for Sale

  • Primary Category: Gyms & Fitness Centers for Sale

At this center the owners mantra it to encourage its members to put fun into fitness with a goal to achieve real results. This gym offer a full range of cardiovascular machines, resistance machines, free weights, an investment of over $300,000,it shows! Partner that with amazing classes an offerings of a team of highly-qualified personal trainers and nutrition planning to help you achieve your fitness goals.

There is also supplement store that is open to the public. Never get board of your workout . There are classes to fit your busy schedule and 24 hours a day, 7 days a member access week for early birds and late shifters to grind out a work out: there is never a bad time to visit the gym. What are you waiting for?

Financial Information

  • $325,000 Asking Price
  • $107,983 Cash Flow
  • $249,894 Gross Revenue
  • N/A Down Payment
  • Yes Financing

Business Location

  • City: Birmingham
  • State: Alabama

Financing Comments

  • Seller will consider some financing for a qualified buyer

Reason for Sale

  • The seller has other business interest that are decreasing his availability to the center

Detailed information

  • Year Established: 2015
  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • Lender Prequalified: No
  • SBA Prequalified: No
  • Full-Time Employees: 1
  • Part-Time Employees: 2
  • Contractors: N/A
  • Owner Worked Hours/w: 20
  • Adjusted EBITDA: $61,084
  • Inventory Included: Yes
  • Inventory Value: N/A
  • Monthly Rent: $4,474
  • Real Estate Available: Yes
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Building Size: 50000
  • FF&E Included?: Yes
  • FF&E Value: $310,000

Training/Support

  • Seller will provide an agreed to amount or training and transition as part of the purchase price

Facilities

  • Assets include approximately $300,000 in free weights and exsercise equipment

Market Outlook/Competition

  • One of two fitness centers in a suburban community of 16,000 people that also serves as the main shopping and entertainment district for a three county area.

Real Estate Description

  • Leased property is a 50,000 SF facility with 24/7 access to members located on the main commuter corridor. There is ample lot parking and overflow parking next door
Business Listed by
image of Rick Gilmore
Rick Gilmore
Sunbelt of Birmingham
Show Phone Number
Listing ID
BIRMIAL001-55995

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