Gym for sale in TX (655) | American Gym Trader
Fitness Center Chain | 6.6 Million EBITDA
(city not disclosed) | TX State | Hidalgo County
*sold!*
*** sold! ***
Key metrics
Asking price: $40,000,000
Established: 2007
Gross income: $19,210,331
Cash flow: $7,417,348
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
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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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