24/7 Fitness and Tanning - St Louis Area

United States

24/7 Fitness and Tanning - St Louis Area
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Asking Price: Get Financing: $1,840,000

Cash Flow: $218,496

Gross Revenue: $367,770

EBITDA: N/A

FF&E: $180,000

Inventory: $3,500

Real Estate: $1,600,000

Established: 1996

24/7 Fitness and Tanning - St Louis Area

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Business Description

This is a full-service 24-hour fitness club that offers their clientele a wide range of cardio and weight equipment, a crossfit area, saunas, supplements, tanning and lotions. They offer many different group classes for beginners and advanced training. This is the largest gym in the area and offers their guests more amenities than any competitor in the area. It is located off a busy highway and has great signage visible to the thousands of cars traveling by daily. The sellers are committed to a smooth transition of ownership.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Employees:
O/2, FT/7, PT/3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Building Size: 12,444 SF (M/L) Stand Alone Brick Building
Support & Training:
Owner will assist with a smooth transition of ownership.
Reason for Selling:
Retirement
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Gary Rogers

Business Listed By:
Kingsley Group Business Brokers

Kingsley Group Business Brokers

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Merger and Acquisition Master Intermediary (M&AMI) is a professional certification awarded to Intermediaries who've achieve very stringent educational and professional requirements. M&AMI's agree to abide by an ethical code of conduct when working with business owners and buyers.

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