American Gym Trader presents

Fitness Center Chain | 6.6 Million EBITDA

(city not disclosed) TX | Hidalgo County

*sold!*


*** sold! ***

Key metrics

Asking price: $40,000,000

Established: 2007

Gross income: $19,210,331

Cash flow:

Franchise: No

EBITDA: $6,616,684

Employees: 310

Square Feet:

Home Based: No

FFE: $8,325,864 (included)

Inventory:

Real estate:

Relocatable: No

Business description

1,448,000 MONTHLY DRAFT DUES

13 big box fitness centers with over 75,000 members. Average monthly EFT draft is $1,448,000. 90 Percent of all revenue comes directly from monthly EFT draft dues. Clean books and records. Management, staff and corporate back office are in place.

Each facility is top shelf, best in class, and high end. Clients are impressed with the first class, professional appearance of the fitness centers. These gyms have demonstrated tremendous growth and profitability. As a new owner, the focus should be on continued growth through marketing and managing profitability.

Private Equity companies welcome.

Facilities description

13 leased locations. 17,000 to 39,000 sq. ft.

Competition

The chain dominates the market

Growth

Substantial growth opportunities to add additional members in this very fast growing demographics

Support

Will train for 3 months at no cost.

Reason for selling

Other Business Interest

Keywords

fitness center, health club, gym

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


Dave Didion

Listed by

Dave Didion,

American Gym Trader

571-989-6375

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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