American Gym Trader presents

Multi Location Fitness Centers | 400K Plus Cash Flow

(city not disclosed) AZ | Maricopa County

Key metrics

Asking price: $1,900,000

*Seller Financing*

Established: 2010

Gross income:

Cash flow: $398,644

Franchise: No

EBITDA:

Employees: 125

Square Feet: 50,000

Home Based: No

FFE: $1,014,020 (included)

Inventory: $8,500 (included)

Real estate:

Relocatable: No

Business description

Fitness Centers for sale with over 8,500 Members

Great opportunity to own an established and very profitable multi location fitness business. Over 8,600 members with strong monthly EFT draft dues. Rated the top gym in the Phoenix area 2015, 2016, 2017.

These popular high volume low priced model membership style gyms are very modern with new equipment. Very beautifully built out. The company offers the best brands of equipment, group exercise, daycare and tanning.

Cash flow and revenues are expected to rise in 2018 due to a brand-new location that is just now starting to mature.

Consistent strong revenues year after year. Management and staff are in place. This business is a compelling opportunity and won’t last long.

Facilities description

Leased – 25,350 sq. ft. | 12,927 sq. ft. | 10,100 sq. ft.

Financing description

5% seller carry. Strong buyers could get financing with only 10% down.

Growth

Newest location is only 6 months old and still ramping up. 2018 projected sales 2.5 MM and cash flow projected at 440,000.

Support

No cost for 4 weeks

Reason for selling

Health

Keywords

fitness centers, gyms, health clubs, buy a gym

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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