Power One Investments presents

Award Winning, Turnkey & Highly Profitable Gym & Fitness Center in Central Florida

(city not disclosed) FL | Seminole County

Key metrics

Asking price: $299,000

Established: 2000

Gross income: $208,634

Cash flow: $89,771

Franchise: No

EBITDA: $89,771

Employees: 7

Square Feet: 2,000

Home Based: No

FFE: $209,229 (included)

Inventory: $1,500 (included)

Real estate:

Relocatable: No

Business description

Well Established Profitable & Turnkey 24hr Gym & Fitness Center
  1. Prime Location – near the I4
  2. Award Winning for Best Fitness Center & Trainers [2015-2017]
  3. State of the Art Equipment
  4. Strong Brand Recognition and Following
  5. Neighborhood Icon and Well Established
  6. Currently Owned by International Pro-Athlete
  7. Turnkey Operations
  8. Gym Operates 24hrs [unstaffed]
  9. State of the Art System Electronic Key Access and Surveillance
  10.  Multiple Revenue Streams:
    • Gym (24hr) Membership
    • Personal Training
    • Athletic Training
    • Group Fitness Classes
    • Trainer Payable Commissions
    • Trainer Certification Host Facility (Recently Added)

Facilities description

The gym occupies 2,000 square feet of space in a prime business location on a main road location with plenty of foot traffic and parking available. It is located near the main business hub of this city and near two main intersections.

Competition

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

Growth

Recently became Training Host Facility and this has immense opportunity to increase not only income but procure trainers who pay rent to use facility; business is currently word of mouth so doing active advertising will increase revenue and client numbers. Additional marketing and advertising will increase enrollment and sales. The landlord supports the facility and is committed to keeping the gym in its current location.

Support

Will train for 2 weeks @ no cost.

Reason for selling

Owners Relocating - They are Negotiable and Open to All Reasonable Offers

Keywords

profitable; turnkey; gym; 24 hours; fitness, gym, fitness center, health club

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 Suzanne Burgess


Suzanne Burgess

Listed by

Suzanne Burgess,

Power One Investments

4076175927

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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