presents

Fitness Center

(city not disclosed) MN | Dakota County

Key metrics

Asking price: $250,000

Established: 2007

Gross income: $167,320

Cash flow: $80,398

Franchise: Yes

EBITDA:

Employees:

Square Feet: 2,200

Home Based: No

FFE: $151,759 (included)

Inventory:

Real estate:

Relocatable: No

Business description

This is a very well maintained fitness center located in the Twin Cities. This is a 24/7 franchise fitness center.

Financing description

The business operates from a 2,200 square foot facility. Lease expires 10-2018.

Growth

Adding trainers would help for growing the solid base the business currently has.

Support

Will train for 2 weeks @ $0 cost.

Reason for selling

Owner changing career path.

Keywords

fitness, fitness center, dakota county, minnesota

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 Dan Bauer


Dan  Bauer

Listed by

Dan Bauer,

952-303-3202

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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