Murphy Business and Financial Corporation presents

Established & Profitable Fitness Center

(city not disclosed) SD (county not disclosed)

Key metrics

Asking price: $349,000

Established: 2009

Gross income: $280,120

Cash flow: $83,254

Franchise: Yes

EBITDA:

Employees: 3 FT/3 PT

Square Feet:

Home Based: No

FFE: $146,000 (included)

Inventory:

Real estate:

Relocatable: No

Business description

This profitable and well established fitness center has been in operation almost ten years. Through the years, the current owner has steadily grown the membership base and now employs five coaches/trainers to serve their clients.

The business sets itself apart by utilizing technology and offers members a mix of interval strength training, stretching exercises, and cardio.  Members can choose to visit during staffed or unstaffed hours.

Facilities description

The business is located in a great location and has good visibility, parking and neighbors. In the same location since it opened, the business has a favorable long-term lease in place, with additional options for extension.

Financing description

Seller may consider some Carry Back of the purchase price for qualified buyers.

Competition

Direct and in-direct competition exists in the marketplace, but this business has built a loyal and diverse membership base.

Growth

A new owner can look to grow the business in a variety of ways. Among these are growing the membership base, adding additional training or lines of business, or opening up additional locations.

Support

Will train for 2 weeks @ no cost. Outside of the required state & federal licenses, no special licenses or skills are needed.

Reason for selling

Seller would like to spend more time with a growing family.

Keywords

fitness, health club, gym, franchise, south dakota

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 Rey Gonzales


Rey Gonzales

Listed by

Rey Gonzales,

Murphy Business and Financial Corporation

605-718-2358

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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