Murphy Business and Financial Corporation presents

Priced Just Reduced! GREAT CASH FLOW - Recreation and Fitness Business!

(city not disclosed) NY | Erie County

*sold!*


*** sold! ***

Key metrics

Asking price: $450,000

Established: 2011

Gross income: $1,960,551

Cash flow: $207,890

Franchise: Yes

EBITDA:

Employees: 21

Square Feet: 27,000

Home Based: No

FFE:

Inventory: $1,000 (included)

Real estate:

Relocatable: No

Business description

This 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.

Facilities description

The property is 27,000 square feet and is located in an upscale modern building.

Competition

Protected franchise territory with no competition in its market. Named one of America's most promising businesses 3 years running!

Growth

Current owners are out of state. Many different revenue streams with untapped potential. Fun, attractive business in one of the most exciting categories.

Support

Will train for 2 weeks @ no cost. One of the top franchises in the entertainment and fitness industry. Must be approved by franchisor and have a passion for success!

Reason for selling

Ownership is forced to sell because of health issues.

Keywords

fitness, fitness center, gym, erie county, new york

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 Daz Connell


Daz Connell

Listed by

Daz Connell,

Murphy Business and Financial Corporation

908-928-0088

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.
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  • FFE – This is the estimated value of the Furniture, Fixtures and Equipment.
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  • Inventory – This is the estimated value of the retail products and merchandise.
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  • 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.
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