Gym for sale in NY (1476) | American Gym Trader
Fast Growing Fitness Entertainment Business
(city not disclosed) | NY State | Erie County
*sold!*
*** sold! ***
Key metrics
Asking price: $800,000
Established: 2011
Gross income: $1,960,551
Cash flow: $209,135
Franchise: Yes
EBITDA:
Employees: 34
Square Feet: 27,000
Home Based: No
FFE: $1,000,076 (included)
Inventory: $22,500 (included)
Real estate:
Relocatable: No
Business description
his unique business is one of the fastest-growing fitness and entertainment businesses in the country. Over 100 locations nationwide and growing at a rate of 30 to 40 new locations a year. One of the most unique franchises in the world that mixes good old-fashioned fun with amazing technology to create a one-of-a-kind guest experience. Its target market is young, old, families and schools. The concept is proven. The opportunity is immense.
This business had a build out cost of nearly 2 million dollars. Owners live on the west coast and cannot provide the personal attention to managing this business. A new hands on owner could do very well in this business.
Growth
Hands on owner operator can increase sales. Current owners are out of state
Support
No cost for 2 weeks
Reason for selling
Health
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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