American Gym Trader presents

Full Service Fitness Center

(city not disclosed) CT | Tolland County

Key metrics

Asking price: $99,000

Established: 2014

Gross income: $175,912

Cash flow: $42,092

Franchise: No

EBITDA:

Employees: 9

Square Feet: 8,500

Home Based: No

FFE: $100,000 (included)

Inventory: $1,500 (included)

Real estate:

Relocatable: No

Business description

Plenty of room for "new owner" to grow. Sales have been steadily growing for past three years. EFT's average $10,000/month. Favorable rent at only $2,500/month.

The 8,500-square foot full service fitness facility has beautifully appointed locker rooms, Pro Shop, Saunas and Tanning.

The fitness center boasts a variety of equipment that includes classic free weights, cable weight machines and cardio equipment.  In addition, they have a world-class dance floor, heavy and speed bags for boxing, battle ropes and more.

Group Fitness Classes include Zumba, Step, Circuit Training, Cardio Kickboxing, Pilates, Absolute Abs, Boot Camp and Yoga. In addition, they have Ballroom Dancing taught by a former competitive dancer.

Personal training is offered and trainers pay monthly rent to the club.

This business is less than three years young and priced for a quick sale. This a good opportunity to take it to the next level.

Facilities description

8,500-square foot full service fitness facility has beautifully appointed locker rooms, Pro Shop, Saunas and Tanning

Financing description

Commercial Note

Growth

Plenty of room for "new owner" to grow.

Support

4 weeks at no cost

Reason for selling

Other Business Interest

Keywords

gym, fitness center

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


Dave Didion

Listed by

Dave Didion,

American Gym Trader

571-989-6375

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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