Murphy Business and Financial Corporation presents

Established Gym in West Broward

(city not disclosed) FL | Broward County

Key metrics

Asking price: $325,000

Established: 2007

Gross income: $1,132,610

Cash flow: $58,057

Franchise: Yes

EBITDA:

Employees: 4 FT/9 PT

Square Feet: 17,462

Home Based: No

FFE: $348,056 (included)

Inventory:

Real estate:

Relocatable: No

Business description

Reason for Sale: Absentee Owners -Out of State. Great opportunity to own an established fitness gym. Over 35,000 square feet of indoor & outdoor training space at half the cost. Consistent strong revenues year after year. Management and staff are in place. This full service fitness center combines a full range of fitness & exercise equipment & facilities with professional trainers, personally tailored programs & group health & fitness classes.

Support

Will train for 4 weeks @ no cost.

Reason for selling

Absentee Owners -Out of State.

Keywords

fitness, fitness center, gym, broward county, florida

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 Russell Cohen


Russell Cohen

Listed by

Russell Cohen,

Murphy Business and Financial Corporation

954-900-2685

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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