Gym for sale in VA (1531) | American Gym Trader
Modern Training Gym - Management in Place
(city not disclosed) | VA State | Loudoun County
*sold!*
*** sold! ***
Key metrics
Asking price: $199,000
*Seller Financing*
Established: 2019
Gross income: $222,540
Cash flow:
Franchise: Yes
EBITDA:
Employees:
Square Feet: 3,600
Home Based: No
FFE: $147,318 (included)
Inventory: $1,000 (included)
Real estate:
Relocatable: No
Business description
Only Two Years Young and Growing
There is no better time to take advantage of this discounted sales price and save 100’s of thousands of dollars vs buying and building out a new gym in a Northern VA market that is absolutely booming!
All the hard work has been done and it is completely staffed with a gym manager in place. This model allows for group training around the clock with virtual in-studio sessions available to those that want to train on their own time schedules.
* Open 24 Hours
* Group Training
* TRX Stations
* Spin Bikes
* Rowing
* Free Weights
* Immersive audio video systems
* High retail area location
* Brand new buildout only 2 years young
If you want to get into the growing fitness business and desire a solid, established foundation from which to start, this is an incredible opportunity that will not last long!
Facilities description
The property is 3,600 square feet and was established in 2019. There is an abundance of parking which is well lighted and well maintained by the Landlord. Lease expires 11,2029 with two five-year options
Financing description
Seller will consider partial financing deal specific
Support
no cost for 4 weeks
Reason for selling
Other Business Interest
Keywords
gym, fitness studio, group fitness
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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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?
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