Gym for sale in MD (1470) | American Gym Trader
17,000 square foot health and fitness center
(city not disclosed) | MD State | Baltimore City County
*sold!*
*** sold! ***
Key metrics
Asking price: $575,000
Established: 2000
Gross income: $461,645
Cash flow: $193,903
Franchise: No
EBITDA:
Employees: 15
Square Feet: 17,000
Home Based: No
FFE: $76,560 (included)
Inventory: $1,500 (included)
Real estate:
Relocatable: No
Business description
Acquisition of this location represents a compelling opportunity for a purchaser to acquire an established club with loyal members, high quality instructors, state-of-the-art facilities and equipment in a desirable location for a fraction of the capital required to build from scratch, resulting in:
o Minimal investment
o EBITDA positive location
o Higher ROI
o Significant potential for operating leverage
o This facility could not be replicated today at a cost that would make economic sense for the respective buyer with no members.
o The Company continues to invest in the facility, and since opening has spent significant capital on updating and maintaining the facility.
o Quality equipment – routinely upgrades its equipment to the latest series.
o Favorable lease terms
Competition
Only Four Gyms in a 10 Mile Radius – Very little impact
Growth
Adding personal training programs would add significant revenue, 24/7 operations
Support
No cost for 2 weeks
Reason for selling
Other Business Interest
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
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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 >>
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