Gym for sale in MD (1481) | American Gym Trader
Well Equiped Full Service Gym
(city not disclosed) | MD State | Washington County
*sold!*
*** sold! ***
Key metrics
Asking price: $300,000
Established: 2005
Gross income: $402,000
Cash flow: $88,216
Franchise: No
EBITDA:
Employees: 31
Square Feet: 7,050
Home Based: No
FFE: $89,000
Inventory: $1,000
Real estate:
Relocatable: No
Business description
This Fitness Center of 7050 sq. ft. is in an excellent location near where a Walmart Shopping Center will be soon constructed. Seller has owned this center for 9 years. This facility is very attractive and well equipped. Many workout areas within the gym. Cardio areas with Treadmills, Elliptical Cross Trainers, Stationary Bikes, and Step Mill. General areas that include Weight Room, Weight Machines, Group Exercise, Yoga & Pilates. Other Services include Personal Training, Indoor Cycling Classes and Group Exercise Classes.
Growth
Converting to 24/7 can increase sales
Support
As needed for smooth transition within 4 weeks
Reason for selling
Relocating
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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