Established Fitness Center Business for Sale in Coon Rapids

Coon Rapids, MN (Anoka County)

Seller Financing Available
Established Fitness Center Business for Sale in Coon Rapids
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Asking Price: $200,000

Cash Flow: $50,000

Gross Revenue: $350,000

EBITDA: $72,500

FF&E: $120,000

Inventory: $20,000

Rent: $9,676 /Month

Established: 2014

Established Fitness Center Business for Sale in Coon Rapids

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Business Description

Established Fitness Center Business for Sale in Coon Rapids
PROPERTY INFORMATION
*Business for Sale Only
* Sales Price $200,000.00
* Price includes all equipment, furniture, fixtures, retail inventory, etc.
* 200+ Existing Memberships
* Turnkey Established Business w/Good Cash Flow. 2019 Banner Year!
* New Franchise Would Cost $285,000.00 to Open with No Memberships
* Leased Space: 4,200/sf (Buyer to Assume Lease)
* Sister Property Available
* Location: Twin Cities –North Suburbs
* Industry: Retail
* Parking: 50+ Spaces
* High Visibility Location
* In Business 4+ Years
*NDA Required for Full Info Packet

Attached Documents


Detailed Information

Location:
Coon Rapids, MN
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
4,200
Lease Expiration:
1/31/2023
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
TBC is the best and only authentic full-body boxing workout that changes your body, clears your mind and completely engages your spirit. Signature workout utilizes the fundamentals of a true boxer’s workout – including proper heavy bag training – to strengthen and tone your arms, legs, back, core, stamina and your confidence. High-intensity boxing, kickboxing and MMA workout classes as well as full weight lifting area available.
Competition:
No other boxing fitness model in the market. You train like a fighter without getting hit in the face. It is the nest high intensity interval training available and a fun workout. Cash flow and other owner benefits are superior to competition.
Growth & Expansion:
There are currently 4 TBC's in the Twin Cities and tremendous opportunity for portfolio Territory growth.
Financing:
Possible Seller Financing Available
Support & Training:
Current owners will stay on board and assist with transition for up to 3 months. Current owners own 3 total TBC facilities and will always be involved with the brand and industry.
Reason for Selling:
Owners have 3 TBC's and yoga studio and would like to downsize portfolio
Franchise:
This business is an established franchise
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Mike Colosimo

Business Listed By:
Mike Colosimo

Acumen Business Solutions

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