Gym for sale in WA (1441) | American Gym Trader
Two Popular Training Gyms | Over 1.5MM Revenue
(city not disclosed) | WA State | Pierce County
*sold!*
*** sold! ***
Key metrics
Asking price: $699,000
*Seller Financing*
*Lender Pre-qualified*
Established: 2007
Gross income: $1,752,688
Cash flow: $326,383
Franchise: No
EBITDA:
Employees: 20
Square Feet: 6,000
Home Based: No
FFE: $193,646 (included)
Inventory: $700 (included)
Real estate:
Relocatable: No
Business description
Absentee Owned | SBA Pre-qualified | 326K Cash Flow
Priced $200,000 below market value for fast sale.
The new owner of this business will be taking over two profitable modern high-level training gyms that know how to produce results...FAST! Sales of over 1.5 million have steadily climbed since 2015. The secret to the success of the business is its very unique marketing and sales programs.
The business is very popular and has a strong reputation for its amazing results. The business offers
• Training Camps
• Personal Training
• Group Training
• Challenge Based Programs
• Sport Performance
• Weight Loss and Dietary Counseling
This business has been well managed -- books are in order, website is fully developed, SEO is strong, scheduling systems are in place, and trainers are excellent.
If you want to get into the growing fitness business and desire a solid, established
Facilities description
Two locations Leased – 6,000 sq. ft. | 4,500 sq. ft. Common areas include an abundance of striped/asphalt parking and well maintained by the Landlord.
Financing description
10% Seller Financing with a Full Price Offer
Support
30 days training and support at no charge. Seller can provide long term consulting for an additional fee.
Reason for selling
Moving out of state
Keywords
gym, fitness center, personal training
disclaimer
American Gym Trader has not made any independent investigation, verification or audit of the information contained in this advertisement and makes no representations or warranties, express or implied, regarding the accuracy or completeness of the information contained herein or linked to and assumes no responsibility to its accuracy or completeness. When buying or selling a business American Gym Trader encourages you to seek the advice of a professional business broker. American Gym Trader has no monetary interest in the sale of the business. American Gym Trader does not warrant the Right of Use of any photography, logos or graphics.
Contact Dave Didion
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Do not contact the broker/seller for any reason other than your interest in buying a business!
Frequently Asked Questions
Important terms
- Gross Income - This is the total gross sales and receipts from line 1 of the tax return. Learn more >>
-
EBITDA – Earning Before Interest Taxes
Depreciation and Amortization. This financial term is generally only
used with multi-million- dollar businesses.
Lean more >> -
FFE – This is the estimated value of the
Furniture, Fixtures and Equipment.
Lean more >> -
Inventory – This is the estimated value of
the retail products and merchandise.
Lean more >> - Cash Flow – Cash Flow is often also called
Sellers Discretionary Earnings or Owners Benefit. All debts on a
business are normally paid off at closing. Cash flow is the total of
net profit, owner’s salary, depreciation, amortization, interest, perks
and non-recurring expenses.
Lean more >>
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