Murphy Business and Financial Corporation presents

Seattle's Premier Fitness Training for Women

(city not disclosed) WA | King County

Key metrics

Asking price: $449,000

Established: 2003

Gross income: $322,624

Cash flow: $179,524

Franchise: No

EBITDA:

Employees: 5 PT

Square Feet: 2,577

Home Based: No

FFE: $29,915 (included)

Inventory:

Real estate:

Relocatable: No

Business description

Highly profitable Seattle's Best Boot Camp for Women known for its camaraderie and support. Turn-key membership-based fitness center. This business is an upscale studio that focuses on a complete fitness program and support for women. The programs are proven to be transformational. This gym provides members with a close-knit community of support and friendship.  An active owner who is a trainer would have an opportunity to reduce expenses.  There are currently 5 trainers working as independent contractors.  The current owner is not one of the trainers. 

Facilities description

Facility is strategically located in an affluent and growth area of Seattle. It has a five year lease of 2,577 square feet at a rate of $2,557 plus NNN. Free parking for clients is available.

Competition

This business has been able to out perform competitors and consistently grow. Its focus is on helping women be Fit Healthy Moms.

Growth

There is room to grow with continued effort in reaching out to Moms in the local communities.

Support

Will train for 4 weeks @ no cost. Classes held 7 days a week starting in early morning and evening to accommodate busy schedules. They currently offer 26 classes a week. In addition to Boot Camps there are at least four Transformational programs offered each year. The buyer does not need to have a lot of experience in running a personal training studio. The owner knows what works and will provide extensive training to help you get up to speed quickly. It is recommended that a buyer have a background in sales and marketing and a desire to help people transform their lives by incorporating physical exercise and a healthy diet.

Reason for selling

Seller wishes to pursue other interests.

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 Judy Elrod


Judy Elrod

Listed by

Judy Elrod,

Murphy Business and Financial Corporation

206-209-2266

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.
    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 >>

Still Sound Like an Alien Language?

Contact us. We can help you make an informed buying decision.

© 2009 - American Gym Trader   |   AmericanGymTrader.com   |   All Rights Reserved   |   Terms and Conditions  

Web development by Web Media Partners