Gym for sale in MD (727) | American Gym Trader
Profitable Personal and Group Training Gym
(city not disclosed) | MD State | 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
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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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