Local Gym extremely profitable
Health Care & Fitness Businesses for Sale
- Primary Category: Gyms & Fitness Centers for Sale
This is a family friendly facility in a booming part of the metro. This is the kind of a lifestyle business where the member customers become your friends: some of them like family. Do you want a solid business return for passive ownership? This business has a lot of enticing features for its industry. Very reasonable rent, $5,500 per month, 15,000 square feet. A lot of space for fitness enthusiast to spread out and focus on their work. Well designed so that member can spread or keep it a small group. Super high recurring revenues at over $40,000 per month. From the hard core trainer, to the grinding lifter, to the occasional tanning salon member this management provides a safe, clean, inviting environment for its member to want to keep coming back.
For more information contact Rick Gilmore directly 205-369-5584 or connect, [email protected]
Financial Information
- $975,000 Asking Price
- $273,275 Cash Flow
- $558,374 Gross Revenue
- Negotiable Down Payment
- $146,567 Adjusted EBITDA
Business Location
- City: BIRMINGHAM
- State: Alabama
Reason for Sale
- Owner lives out of town
Detailed information
- Year Established: 12
- Home Based: No
- Franchise: No
- Relocatable: No
- Lender Prequalified: No
- SBA Prequalified: No
- Full-Time Employees: 3
- Part-Time Employees: 11
- Contractors: N/A
- Owner Worked Hours/w: 15
- Inventory Included: Yes
- Inventory Value: $1,500
- Monthly Rent: $5,500
- Real Estate Available: Yes
- Real Estate Included: No
- Real Estate Value: N/A
- Building Size: 16800
- FF&E Included?: No
Training/Support
- Seller will provide an agreed upon amount of training and transition as part of deal acceptance. There are also reasonable consulting sources available for subcontract services.
Facilities
- Low-tech to high-tech this gym has got it. The facility cater to group classes, personal training, cycling, aerobics or the grinding lifter. The extensive equipment list will be identified by type and serial number making the larger dollar pieced items available for collateral for financing.
Market Outlook/Competition
- The broker will discuss all market competitors to prospects following the signing of an NDA
Real Estate Description
- Start with the reasonable rent at $5,500 per month. The gym is locate in a retail shopping center with a high traffic count anchor adjacent to it. Plenty of parking, well lit and safe.
Business Listed by
Rick Gilmore
Sunbelt of BirminghamContact Business Broker
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