Gym for sale in GA (1496) | American Gym Trader
Very Modern 50,000 sq. ft. Gym | 5,000 members | $170,000 monthly dues
(city not disclosed) | GA State | Clarke County
*sold!*
*** sold! ***
Key metrics
Asking price: $2,000,000
Established: 2018
Gross income: $2,342,201
Cash flow: $500,000
Franchise: No
EBITDA:
Employees:
Square Feet: 55,700
Home Based: No
FFE: $2,203,000 (included)
Inventory:
Real estate:
Relocatable: No
Client review
Dave at AGT was recommended to us in our quest to sell four of our fitness businesses. I have worked with several other brokers in the past and nobody has come even close to Dave. It was a great experience. He instantly brought buyers to the table and we were able to sell the clubs much faster than we expected. He walked us through every aspect of the process and was a consummate professional.
I highly recommend his services!!!!
Chris L
Athens Health & Fitness
Business description
High Volume Low Membership Priced Non Franchised Gym with 5000 members and growing
This is a 50,000 square foot coed full-service facility only 18 months young and growing fast. The club is high end with a $5,000,000 build out and the nicest in town by far. The club is absolutely loaded with high-end equipment and well maintained. Centrally located in the highly desirable area of town. The club amenities include towel service, childcare, a Planet Smoothie franchise in the lobby, group fitness classes, a women’s only section (accessed thru childcare or the ladies locker room), county club style locker rooms with steam and sauna, cardio, free weights, selectorized machines, plate loaded machines You won’t find a nicer club around.
- 2018 Cash Flow: $405,853
- Past 12 months Cash Flow: $445,648
- 2019 Projected Cash Flow: $514,830
Support
No cost for 4 weeks
Reason for selling
Other business investments
Keywords
full service gym, fitness center for sale
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
.jpg)
No Spam Please
Do not contact the broker/seller for any reason other than your interest in buying a business!
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 >>
Still Sound Like an Alien Language?
Contact us. We can help you make an informed buying decision.