Profitable, growing martial arts, gymnastics and child care business.

Brunswick, GA (Glynn County)

The gymnastics center

Asking Price:$250,000

Cash Flow:N/A

Gross Revenue:$325,000

EBITDA:N/A

FF&E:$200,000

Inventory:N/A

Real Estate:$750,000*

Established:2001

*not included in asking price.

Profitable, growing martial arts, gymnastics and child care business.

Get Financing Save Print Share Valuation Report

Business Description

Step into a profitable, growing child care, martial arts and gymnastics training business with areas for additional growth. The real estate is separately listed for sale or a reasonable lease for the facility can be negotiated. The $320,000 in annual revenues generates excellent cash flow,

Detailed Information

Real Estate:
Owned
Not included in asking price
Building SF:
10,000
Employees:
11 all part-time
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business is conducted in a 10,000 sq. ft. gymnasium situated on 2.2 acres centrally located near the Glynn Place Mall in Brunswick. The land and building are owned and separately listed for sale at $750,000. The gym is fully equipped with the equipment, mats, mirrors, lockers and other apparatus necessary for gymnastics and martial arts training. The business owns three school buses (two currently operational) and two vans used to transport students from school to the facility. The total value of FF&E including vehicles is approximately $200,000 and included in asking price.
Competition:
There is ample demand for the center's services. Revenue growth has been outstanding, reporting $192,000 in 2013, $235,000 in 2014, and $252,000 last year. This year, the business is on schedule to generate over $320,000 in sales.
Growth & Expansion:
There are currently approximately 80 children in the after school program, 60-70 in gymnastics and 30-35 in karate, generating about $22k revenue per month. Summer camps push revenues up to as much as $35k per month iduring the summer months. The owners have considered starting a pre-school program to make use of the facility during the hours when it's not currently being used. Such a program could generate an additional $24k per month during the school year.
Support & Training:
Sufficient support and training will be provided to insure a smooth transition.
Reason for Selling:
Family relocating.

Listing Statistics for Premium Members

Ad#:1320991 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.

Contact the Seller

(from currently available funds)
 
Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Roy "Te" Turner

Business Listed By:
Roy "Te" Turner

Don Wright & Associates

Show Phone Number

View My Listings


Sponsoring Broker:
Don Wright

Find out more...

Get more details about this business.


Similar Listings


Mad Science

Franchise Opportunity In GA
Capital Required: $71,800