Return to search results

Feel the VIBE! Trending, Hip & Fun Fitness Gym - 2 Locations!

Harris County, TX

Seller Financing Available
Feel the VIBE! Trending, Hip & Fun Fitness Gym - 2 Locations!
Contact Seller

Asking Price: $990,000

Cash Flow: $384,000

Gross Revenue: $1,400,000

EBITDA: N/A

FF&E: $155,000

Inventory: $13,000

Rent: $9,259 /Month

Established: 2017

Feel the VIBE! Trending, Hip & Fun Fitness Gym - 2 Locations!

Save Print Share Valuation Report

Business Description

HOT HOT HOT LISTINGS!!! MUST CHECK OUT! INCREASED EARNINGS EACH MONTH!

Want to own a successful business and also get the satisfaction of helping people become healthier and more fit? These ready to operate fitness centers are perfect for an absentee owner. Two young locations in the Houston area are fully staffed and have established, growing membership. Aggressive membership strategies, excellent ratings and great reputation, the owners have already set themselves apart, receiving nation-wide recognition for their success from the franchise. Combined locations producing cash flow in excess of $30k/mo and growing. Perfect for investor looking to get into cash positive, growing business without waiting the 10-15 mos. to invest, build out and attract initial members. 2019 experiencing even faster monthly growth from new marketing initiatives! Seller Motivated.

Detailed Information

Location:
Harris County, TX
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
6,083
Lease Expiration:
N/A
Employees:
10
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Located in upscale shopping center; excellent locations, quality space, great landlord relations. Data for combined locations. Leases expire in 2022 and 2023 with extension options Listing price based on being ready for continued growth, and average results of locations per the franchise, which the sellers have already been recognized for exceeding. Pro-forma figures are expectations for full year results July 2018 - June 2019.
Growth & Expansion:
Excellent. Membership growing monthly. 2 locations. Seller willing to do 20% seller financing for the right buyer. A buyer who understands this industry will know that now is the time to enter the industry to take advantage of 1Q2019 growth potential.
Financing:
198000.00
Support & Training:
2 weeks
Reason for Selling:
career change
Contact Seller

Contact the Seller

(from currently available funds)
 
Contact Seller Loading

Bobbi Coffey

Business Listed By:
Bobbi Coffey

Transworld Business Advisors

Show Phone Number

View My Listings


Sponsoring Broker:
Gerald G. Brisson, CBI, M&AMI, CMAP

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1617378 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Plato's Closet

Franchise Opportunity In TX
Capital Required: $255,000