Best Gym in South Florida!

Broward County, FL

Best Gym in South Florida!
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Asking Price: $3,295,000

Cash Flow: $757,000

Gross Revenue: $1,750,000

EBITDA: N/A

FF&E: $1,000,000

Inventory: N/A

Rent: $22,416.67 /Month

Established: 2016

Best Gym in South Florida!

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Business Description

Sensational Florida Fitness Franchise Gym!

The owners of this incredible gym have created a truly unique fitness experience. With the wide range membership base of over 5000, this business is poised for explosive growth for years to come! Projected sales to increase 15% in 2019.
There is a wide range of free weights, machines and hi tech cardio equipment.There are fitness classes, personal training, functional training areas, boxing ,mma ,childcare, smoothie bar and so much more in a clean, immaculate environment.$757,000 represents Sellers Discretionary Earnings or Owner Benefit in 2018 before owner's debt service.

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Detailed Information

Location:
Broward County, FL
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
22,000
Lease Expiration:
11/5/2036
Employees:
14
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This 22000 sq ft gyms every possible amenity you could want all in one amazing and unique facility.Every detail has been impeccably completed. There is ample parking as well in a safe environment.
Competition:
Excellent demographic.
Growth & Expansion:
Scalable business.There is a base Personal training business that can be increased significantly with the right ownership.There mare also passive rental opportunities for other services based on the facility size.
Support & Training:
Current ownership will sufficiently and effectively transition new buyer group, as well as Franchisor training and support. Area development is available as well for right group.
Reason for Selling:
Retirement, family relocation
Franchise:
This business is an established franchise
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Business Listed By:
Matt Mauriello

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