Established Fitness Facility with HUGE Market Potential

Myrtle Beach, SC (Horry County)

Established Fitness Facility with HUGE Market Potential
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Asking Price: $575,000

Cash Flow: $92,102

Gross Revenue: $778,070

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $0.00

Established: 2013

Established Fitness Facility with HUGE Market Potential

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Business Description

Check out this established fitness facility located in the heart of Myrtle Beach! This business continues to grow each year and has the potential for exponential growth. Sale will include a debt-free business, large membership base, all equipment, branding, and more.

Detailed Information

Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
5
Facilities:
Business will be purchased debt-free and sale will include all fitness equipment, fixtures, furnishings, etc. Building is currently leased and features ample parking. Fitness center is centrally located and distinguished among neighboring tenants.
Competition:
Fitness Center is centrally located in the heart of Myrtle Beach. The area features many businesses, corporate centers, residential neighborhoods, schools, and hotels. The main strip of ocean-front hotels are located just a mile away.
Growth & Expansion:
Current owners have not spent much on marketing and business development, yet continues to add members each year. With a growing population, increased area development, and dedicated marketing this business could see exponential growth. This unique location also offers many untapped customer bases, such as the large transient population in the summer and snow birds in the winter.
Support & Training:
Current owners will provide support and training to new owners for a period of 90 days.
Reason for Selling:
New Opportunities
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(from currently available funds)
 
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Trevor Greene

Business Listed By:
Trevor Greene

Long Bay Business Services

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