Gym for sale in FL (1472) | American Gym Trader
Absentee Owned 24 Hour Fitness Franchise
(city not disclosed) | FL State | Broward County
*sold!*
*** sold! ***
Key metrics
Asking price: $325,000
Established: 2014
Gross income: $1,132,610
Cash flow: $58,057
Franchise: No
EBITDA:
Employees: 37
Square Feet: 17,462
Home Based: No
FFE: $348,056 (included)
Inventory:
Real estate:
Relocatable: No
Business description
Great opportunity to own an established and very profitable fitness business. Over 35,000 square feet of indoor and outdoor training space at half the cost. Consistent strong revenues year after year. Management and staff are in place.
Whatever you're looking for in a health and fitness business, you'll find it here. This full-service fitness center combines a full range of fitness and exercise equipment and facilities with professional trainers, personally tailored programs, and group health and fitness classes. Included in the sale of the business is a first-class web design that is easy to navigate and offers new potential members everything they need to know about the company, the staff and their services. The company has also invested a substantial amount of time and money in social marketing including a well followed Facebook page.
Management and staff strive for the best customer satisfaction as possible and is a well-known leader in the community for providing a high-quality fitness experience.
This business is a compelling opportunity and won’t last long.
Facilities description
The property is 17,462 square feet and opened in 2010. In addition, there is a 240’ X 75’ fenced in court yard with near new Astro Turf Grass. Great for additional training, sports training, youth activities. The possibilities are endless. Common areas include an abundance of striped/asphalt parking and well maintained by the Landlord.
Support
No cost for 4 weeks
Reason for selling
Owners live out of state and cannot afford the time to manage the business
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.
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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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