Multiple Fitness Centers in SW Florida

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Fitness Businesses for Sale

This fitness business has a very simple and profitable model.  With 4.8 stars on google ratings, this gym operation has caught fire in the area. It can be run semi-absentee and could continue to grow organically with new locations in the area.  Pure profit flows onto the tax returns.

Financial Information

  • $4,000,000 Asking Price
  • $864,294 Cash Flow
  • $2,530,902 Gross Revenue
  • $550,000 Down Payment
  • Yes Financing

Business Location

  • City: S.W. Florida
  • State: Florida

Financing Comments

  • The Seller would hold a small note for the right buyer and the right offer.

Reason for Sale

  • Other business interests - Moving out of state

Detailed information

  • Year Established: 2016
  • Home Based: No
  • Franchise: Yes
  • Relocatable: Yes
  • Lender Prequalified: Yes
  • SBA Prequalified: Yes
  • Full-Time Employees: 17
  • Part-Time Employees: 2
  • Contractors: N/A
  • Owner Worked Hours/w: 15
  • Adjusted EBITDA: $864,294
  • Inventory Included: Yes
  • Inventory Value: $15,000
  • Monthly Rent: $11,000
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: $0
  • Building Size: 4600
  • FF&E Included?: Yes
  • FF&E Value: $75,000

Training/Support

  • Owners will train for two weeks post close

Facilities

  • The average facility is located in a strip center or a flex space adjacent to very high traffic counts. The locations vary from 4300 to 4900 square feet.

Market Outlook/Competition

  • This operation targets affluent customers who are in their peak earning years from the 25-59 years of age. There are many other fitness centers in the area, but none with a similar business model.

Real State Description

  • Each gym has a lease for at least 3 more years and each one is available for a new long-term lease
Business Listed by
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Joe Alter
Sunbelt of Naples & Fort Myers
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Listing ID
NAPFL001-52465

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