$450,000 EBITDA. Established Gym. Absentee. Growing. Great Location

SC

$450,000 EBITDA. Established Gym. Absentee. Growing. Great Location
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Asking Price: $1,350,000

Cash Flow: $450,000

Gross Revenue: $800,000

EBITDA: $450,000

FF&E: N/A

Inventory: N/A

Rent: $6,500 /Month

Established: 2013

$450,000 EBITDA. Established Gym. Absentee. Growing. Great Location

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Business Description

Motivated Seller - Great Cash Flow! Absentee!

Excellent, Mature, Health Club (6 Years)
$450,000 EBITDA
3300 members and growing
Absentee
Fully Staffed including experienced manager and PT Director
Simple model to operate and run absentee
Lots of franchise support
Development rights for 2 additional locations to be conveyed with the sale (worth $60,000)
Great place to raise a family - beach, mountains, and amenities all close by
Low cost of living

Detailed Information

Real Estate:
Leased
Building SF:
7,000
Lease Expiration:
N/A
Employees:
6
Facilities:
Facilities leased, equipment owned
Competition:
Multiple Competitors
Growth & Expansion:
Club revenue is still growing at roughly 10%/year.
Financing:
Qualifies for SBA loan with 10-15% down depending on individual.
Support & Training:
2 weeks by owner, 2 weeks by franchise, ongoing training and support by franchise
Reason for Selling:
Leaving the country
Franchise:
This business is an established franchise
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Business Listed By:
John Harold

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