Franchise Fitness Centers - El Paso, For Sale

El Paso, TX (El Paso County)

Franchise Fitness Centers - El Paso, For Sale

Asking Price:$750,000

Cash Flow:N/A

Gross Revenue:$842,348

EBITDA:$149,751

FF&E:$160,000

Inventory:N/A

Rate/Sq. Ft.:N/A

Established:2006

Franchise Fitness Centers - El Paso, For Sale

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Business Description

This Company began operations in 2006 and opened a 2nd location in 2011. The Company aggressively markets to the boxing, kickboxing, MMA and fitness training communities. The Company’s sales have grown consistently from year to year and expected future growth is estimated at least 5% per year. The Company has significant market share in its areas of specialty and both the Company and franchise name are well known in the community it serves.

The owner is leaving the area and wishes to sell the business.

(Gross Sales and Discretionary Earnings were obtained from the Company’s projected 2016 financial statements).

The Seller has listed this business strictly as an asset transaction. This is not an offer to sell securities. This is not a solicitation to sell securities.

Listing Broker – Given Business Brokers. For more information, contact Tom Given @915-585-1900 or email given@libertyexchange.com.

Detailed Information

Real Estate:
Leased
Building Sq. Ft.:
N/A
Lease Expiration:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The Company has two locations, both in modern and well maintained centers. Both landlords would offer a long-term lease to a qualified buyer. * Monthly building rent $5214/Mo (Location 1), $6100/Mo (Location 2)
Competition:
The business is a turnkey two location chain of fitness centers and has a very loyal customer base. Although there are other fitness centers in the area, this is one of a few fitness centers specializing in the boxing and MMA niche.
Growth & Expansion:
The owner believes significant additional sales will result from an advertising campaign including billboard, radio and direct mail.
Support & Training:
Owner will be available for training and wishes to make a smooth transition for the new owner. Sellers’ interest is in making sure the business, reputation, and success is continued long into the future.
Reason for Selling:
Owner moving out of state.

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Tom Given

Business Listed By:
Tom Given

LibertyExchange.com Network

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