American Gym Trader presents

Profitable Personal and Group Training Gym

(city not disclosed) MD | Cecil County

*sold!*


*** sold! ***

Key metrics

Asking price: $499,000

*Seller Financing*

Established: 2010

Gross income: $712,088

Cash flow: $179,203

Franchise: No

EBITDA:

Employees: 8

Square Feet: 4,400

Home Based: No

FFE: $157,389 (included)

Inventory: $8,000 (included)

Real estate:

Relocatable: No

Business description

This is a dream business opportunity for a savvy buyer to take over two successful fitness clubs in a very high demographic areas of Maryland. These non-franchised clubs have a great reputation for providing quality programs and services. Over 700 dedicated members.

 

       Outstanding like new equipment, books are in order, management and staff are in place, professional website and strong social media sites. This is a very successful business that won't last long.

Facilities description

Leased – 4,400 sq. ft. $6,150/month | 7,500 sq. ft. $8,675/month

Financing description

Seller will carry 20% with full price offer

Support

No cost for 2 weeks

Reason for selling

One owner started a nutritional supplement business that requires full attention and weekly travel. Second owner is pursuing a full-time career in dance.

Keywords

gym, personal training, group training, 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


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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