Gym for sale (1521) | American Gym Trader
Premium Luxury Fitness Chain - 3.5MM Cash Flow - Real Estate Available
(city not disclosed) (state not disclosed) (county not disclosed)
*sold!*
*** sold! ***
Key metrics
Asking price: $18,900,000 1
Established: 2010
Gross income: $25,281,000
Cash flow: $3,545,000
Franchise: No
EBITDA: $3,545,000
Employees: 1000
Square Feet: 435,000
Home Based: No
FFE: $5,000,000 (included)
Inventory:
Real estate: $37,000,000 (available)
Relocatable: No
1 Real estate value ($37,000,000) NOT included in Asking price ($18,900,000) but is available for purchase
Business description
American Gym Trader proudly presents seven premium luxury fitness clubs with 40,000 members.
Optional: Triple Net Real Estate also available with 2.9MM EBITDA through the landlord. Total EBITDA with Real Estate is 6.4MM
Everything has been done. A massive 5 Million renovation with new equipment and energy efficient LED lighting offering members a preeminent luxury fitness experience.
The multi-location clubs are over 60,000 sq. ft. each offering first class amenities and services for families including:
* State-of-the-Art New Cardio, Core & Hammer Strength Equipment
* Dedicated Personal Training Room
* Luxury Locker Rooms
* Kids Club
* Mind Body Studio
* Group Fitness Studio
* Cycling Studio
* Indoor & Outdoor Pool
* Basketball & Racquetball Courts
Over 1,000 employees run the day to day operations with management in place so a transition would be relatively easy.
Corporate level staff include:
*Chief Executive Officer
*Chief Financial Officer
*Regional Operations Manager
*Regional Fitness Manager
*Regional Group Fitness Manager
*Regional Marketing Manager
*Human Resources Manager
*General Manager at each location
Facilities description
Each location is over 60,000 sq. ft. and just under went a massive 5 million renovation that is absolutely stunning including new equipment and energy efficient LED lighting. Real Estate is also available through the landlord. Real Estate EBITDA is 2.9MM
Support
As needed for a smooth transfer.
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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