Murphy Business and Financial Corporation presents

Thriving Membership Based Fitness Facility!

Chesapeake City County, VA (county not disclosed)

Key metrics

Asking price: $75,000

Established: 2012

Gross income: $84,759

Cash flow: $35,224

Franchise: No


Employees: 3 FT/ 3 PT

Square Feet: 4,200

Home Based: No

FFE: $25,000 (included)


Real estate:

Relocatable: No

Business description

Thriving membership based fitness facility!

Operating 4 Years!
Fully Equipped
Great Location

Fully Equipped Cross Fit Gym! Established and centrally located in South Eastern Hampton Roads, this successful four-year old Cross Fit gym, with easy access from all major highways and thriving membership base, is located in a growing business park. Turnkey business ready for someone to take it to the next level. The gym is fully stocked with all appropriate Cross Fit equipment. This is not a franchise. Poised for rapid expansion with little owner effort. The property is leased with an option to purchase the unit. And the lease is reasonably priced at $3,822 per month covering 4200 square feet. The current lease runs until the end of 2017, with options to continue. A comprehensive transition plan is incorporated in the purchase with a minimum of 30 days, and for the right buyer the seller will consider some level of seller financing.


Will train for 4 weeks @ no cost.

Reason for selling



fitness, fitness center, health club, gym, chesapeake city county, virginia


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Contact Frank Chebalo

Frank Chebalo

Listed by

Frank Chebalo,

Murphy Business and Financial Corporation


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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