Murphy Business and Financial Corporation presents

Modern 24-hour Fitness Center - Positive Cash Flow

(city not disclosed) VA | Stafford County

Key metrics

Asking price: $225,000

*Seller Financing*

Established: 2014

Gross income: $218,635

Cash flow: $65,006

Franchise: Yes

EBITDA:

Employees: 1 FT/2 PT

Square Feet:

Home Based: No

FFE: $215,000 (included)

Inventory: $1,500

Real estate:

Relocatable: No

Business description

Excellent opportunity to be your own boss in this modern 24-hour fitness center. Very easy to operate and backed by one of the best fitness franchises in the world with over 3,000 locations and is currently ranked as one of the top franchise opportunities by a variety of online publications.

This fitness center offers the best equipment available including treadmills, cardio TV’s, Elliptical Cross-Trainers, Exercise Cycles, Stair Climbers, Spin Bikes, Strength Equipment and free weights. Staffed with two very professional trainers offering, functional training, group training and personal training. Amenities include 24-hour access, 24-hour security, private restrooms, private showers, HDTV’s and well lighted convenient parking.

Facilities description

The property is 5,000 sq feet and opened in July 2014. Common areas include an abundance of striped/asphalt parking and is well maintained by the landlord.

Financing description

10% seller financing with full price offer.

Growth

New owners could increase sales by having more staffed hours. The current owners do not spend that much time in the gym.

Support

Will train for 4 weeks @ no cost. The Franchise company (Franchisor) must approve any transfer. The transfer fee is $5,000. Franchisor provides 2 weeks training in Minnesota.

Reason for selling

The three partners have different objectives.

Keywords

fitness, gym, fitness center, franchise, stafford county, virginia

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 Fred Walker


Fred Walker

Listed by

Fred Walker,

Murphy Business and Financial Corporation

703-636-6614

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