Gym for sale in TN (1435) | American Gym Trader
Sold | High Level Training Gym Five Star Yelp Reviews
Nashville, | TN State | Davidson County
*sold!*
*** sold! ***
Key metrics
Asking price: $109,000
*Seller Financing*
Established: 2016
Gross income: $264,597
Cash flow: $68,125
Franchise: No
EBITDA:
Employees: 3 plus 5 trainers
Square Feet: 5,500
Home Based: No
FFE: $102,691 (included)
Inventory: $3,000 (included)
Real estate:
Relocatable: No
Business description
The new owner of this business will be taking over a profitable modern high-level training and apparel gym that knows how to produce results...FAST!
The strong arm of the business is its very unique fitness apparel that has grown 200% since 2014 and is sold globally. The gym is the brick and mortar side that opened in 2016. All trainers pay monthly rent and the business is simply managed with one part time front desk staff.
This Club gets the members out of the average gym rut. The owners have been serious about fitness and have established an excellent reputation with five-star reviews across the web. Every workout is aimed at jump-starting both metabolism and overall fitness. The offered training programs are comprised of muscle-toning, strength-building and weight loss. This business has professionally designed branding and a website to match. Nearly 6,000 Facebook followers. This turn-key opportunity is a rare find.
This business has been well managed -- books are in order, website is fully developed, SEO is strong, scheduling systems are in place, and trainers are excellent. The owners are absentee. Trainers pay additional rental income and their unique apparel is sold nationwide.
The building is also for sale by the landlord for $550,000.
If you want to get into the growing fitness business and desire a solid, established foundation from which to start, this is an incredible opportunity that won’t last long.
Facilities description
The property is 5,500 square feet and opened in 2016. Common areas include an abundance of striped/asphalt parking and well maintained by the Landlord. The building is also for sale by landlord for $550,000
Financing description
Seller would consider a short-term seller carry note.
Support
4 weeks at no cost
Reason for selling
Other Business Interest
Keywords
gym. training gym, personal training , fitness apparel
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
.jpg)
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.