Gym for sale in TX (1473) | American Gym Trader
Privately Owned Fitness Chain
(city not disclosed) | TX State | Hidalgo County
*sold!*
*** sold! ***
Key metrics
Asking price: $16,000,000
Established: 2010
Gross income: $9,086,322
Cash flow: $4,000,000
Franchise: No
EBITDA: $3,577,864
Employees: 180
Square Feet: 30,000
Home Based: No
FFE: $4,710,560 (included)
Inventory:
Real estate:
Relocatable: No
Business description
Acquisition of these locations represents a compelling opportunity for a purchaser to acquire an established chain of clubs with loyal members, high quality instructors, state-of-the-art facilities and equipment in desirable locations for a fraction of the capital required to build from scratch, resulting in:
▪ Minimal investment
▪ EBITDA positive locations
▪ Higher ROI
▪ Significant potential for operating leverage
Competition
Each facility is top shelf, best in class, and high end. Clients are impressed with the first class, professional appearance on the fitness centers. These gyms have demonstrated tremendous growth and profitability. As a new owner, the focus should be on continued growth through marketing and managing profitability.
Support
: All of the equipment in the fitness centers are new and latest technology. Will train for 3 months @ $0 cost.
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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