Gym for sale in DE (1454) | American Gym Trader

Gym for sale in DE (1454) | American Gym Trader

Fitness Franchise - 1500 Members - Low Price

(city not disclosed) | DE State (county not disclosed)

*sold!*


*** sold! ***

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Key metrics

Asking price: $125,000

Established: 2009

Gross income: $575,414

Cash flow: $17,694

Franchise: Yes

EBITDA:

Employees: 15 FT / 3 PT

Square Feet:

Home Based: No

FFE: $531,577 (included)

Inventory:

Real estate:

Relocatable: No

Business description

Well established Popular Franchise Health Club in Delaware. NOW only $125,000!!

Profitable Discount Fitness Franchise offering a wide range of premium fitness options, amenities and workout experiences. Training, classes and much more.

Approximately 1500 active members. Stable business with solid client base. Strong annual sales with positive cash flow. Newer equipment and well maintained facility. Managers in place so it is truly a turn key opportunity. Priced to sell!

 

Facilities description

14,000 sq ft in a strip center with great visibility on major road. Long term lease.

Competition

Established long term members. Low risk high reward potential. $125K is a fraction of the cost for starting a new franchise!

Growth

Additional Marketing.

Support

Will train for 2 weeks @ $0 cost Franchisor and Landlord approval required. No prior experience necessary. Multi unit executive model or owner operator ask for details.

Reason for selling

Health Concerns.

Keywords

fitness, gym, health club, delaware

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 Russ Miller


Russ Miller

Russ Miller

Murphy Business and Financial Corporation

908-928-0088

No Spam Please

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.
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  • FFE – This is the estimated value of the Furniture, Fixtures and Equipment.
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  • Inventory – This is the estimated value of the retail products and merchandise.
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  • 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.
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