Murphy Business and Financial Corporation presents

Highly Profitable Gym & Fitness Center in Southeast, TX

(city not disclosed) TX | Brazoria County

Key metrics

Asking price: $1,750,000

*Lender Pre-qualified*

Established: 2009

Gross income: $1,409,239

Cash flow: $438,493

Franchise: No

EBITDA:

Employees: 4 FT/23 PT

Square Feet:

Home Based: No

FFE: $797,299 (included)

Inventory:

Real estate:

Relocatable: No

Business description

Well established fitness center with $430K+ in Owner's Benefit / Cash Flow. Murphy Business is excited to offer a great opportunity to own a very profitable Gym & Fitness Center. The business has strong and consistent revenues year over year with over 2,300 members generating $60K - $70K in monthly EFT drafts. The gym has state of the art professional equipment that was recently upgraded in 2016. The gym is internationally known and has a strong brand recognition and following. The owner is semi-absentee and has a full staff in place to manage and support the business 24 hours daily. The gym also has electronic card access and video surveillance. In addition to membership dues, other revenue streams include pro shop sales, smoothie bar and personal training.
 

Facilities description

The gym occupies 18,000 square feet of space in the local mall with plenty of foot traffic and parking available. The mall is the primary shopping center in the area and is currently undergoing major renovations and remodeling.

Financing description

Lender pre-screened w/ $437,500 down.

Competition

The gym benefits from very little competition in the area. Other than community and corporate centers, there is only 1 comparable competitor which is located approximately 2 miles away.

Growth

Additional marketing and advertising will increase enrollment and sales. There is also an opportunity to expand the foot print of the facility within the same retail center. The landlord fully supports the gym and is committed to keeping the gym within the center.

Support

Will train for 2 weeks @ no cost. In addition to the weight & cardio areas, the gym offers more than 150 group classes per month. Classes include Body Pump, Zumba, Cycling, Cross Training and more. The club also includes 2 kid centers, pro shop, smoothie bar and executive style locker rooms.

Reason for selling

Owner is semi-absentee and has other business interests.

Keywords

fitness, gym, fitness center, health club, aerobic, brazoria county, texas

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 Lenny Saizan


Lenny Saizan

Listed by

Lenny Saizan,

Murphy Business and Financial Corporation

832-819-4024

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.
    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 >>

Still Sound Like an Alien Language?

Contact us. We can help you make an informed buying decision.

© 2009 - American Gym Trader   |   AmericanGymTrader.com   |   All Rights Reserved   |   Terms and Conditions  

Web development by Web Media Partners