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Highly Profitable Recreational Gymnastics- 35%+ Discretionary Earnings

Pacific

Highly Profitable Recreational Gymnastics- 35%+ Discretionary Earnings
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Asking Price: $2,500,000

Cash Flow: $750,000

Gross Revenue: $2,000,000

EBITDA: N/A

FF&E: $198,000

Inventory: N/A

Rent: $14,500 /Month

Established: 1985

Highly Profitable Recreational Gymnastics- 35%+ Discretionary Earnings

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Business Description

Unique Opportunity - Ideal for Investor, Absentee Owner or Owner-Operator.

Ideal for Investor, Absentee Owner or Owner-Operator.
Owner is not involved in on-site daily operations and runs the business remotely, performing administrative functions including: bookkeeping, payroll submission, reviewing reports and consulting to the management teams as necessary. Financial functions performed by owner can be outsourced.

This turn-key business features an excellent customer database, as well as documented operating systems and procedures. There are dedicated, well-trained management teams and instructional staff, based on proven training manuals. The business model centers around fun, recreational gymnastics instruction, with related profit centers of birthday parties, special events and day camps. This business is the area’s price leader.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
10,000
Lease Expiration:
1/31/2024
Employees:
9 Key Employees
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Business is well-located in a growing, high income area. The facility is air-conditioned, super-clean, and uniquely designed for maximum usage of space. Current landlord values this tenant and desires to extend a long-term lease. Rent: Approx. $14,500/month (any rent increases can be negotiated into the purchase price).
Growth & Expansion:
Business has over 1,300 weekly recreational students with growth during Olympic cycles.
Financing:
Long term Lease Available
Support & Training:
Seller will orient the new owner to staff, clientele and the community in general, as well as walking the Buyer through the current business processes. This will begin simultaneous with closing, NOT prior to closing. Training (Negotiable but, suggested as): First 2 Weeks – Up to 20 hours per week, administration and training. Next 2 Weeks – Up to 10 hours per week, administration and training. Next 2 Months – Up to 6 hours per week, phone or email advice.
Reason for Selling:
Retirement & Other Businesses
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(from currently available funds)
 
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Ron Ludwig

Business Listed By:
Ron Ludwig

3rd Level Consulting.com

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