Profitable 4+ yr Fitness Club with strong social presence

Killeen, TX (Bell County)

Profitable 4+ yr Fitness Club with strong social presence
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Asking Price: $72,000

Cash Flow: $48,000

Gross Revenue: $401,000

EBITDA: $371,000

FF&E: $20,000

Inventory: $4,000

Established: 2014

Profitable 4+ yr Fitness Club with strong social presence

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Business Description

Experienced staff, Turn-key operations & strong franchisor support

Opened in October 2014, this non-contact boxing & kickboxing club was profitable in month 6, and has remained in the black since. Strong social media presence with over 8,000 followers on Facebook and 1,000+ (and growing) on Instagram, as well as an experienced staff allows for absentee ownership, if desired. Opportunities for growth abound, with strong marketing and operations support from franchisor as well as being 5 miles from the huge Fort Hood military base to provide a constant stream of new prospects. Consistent interaction with military units via Tues/Thurs 'Offsite Unit PT' classes and interaction with FRG groups, feeds new members in, along with 3,500 member congregation Church as neighbor and landlord.

Detailed Information

Killeen, TX
Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
4,200 square feet, 54 heavy bags, boxing ring for personal training (No Contact/Fighting, this is a fitness facility), retail area, new TBC design with faux brick, upgraded interior, etc. Pepsi drink cooler, 2 bathrooms, shower room, and storage room. Matted bag rack with upgraded leather, well kept. 3,500 member Church as anchor tenant, credit union, MailBox Storee, restaurant, hair salon, and other retail in new (2014) commercial development on very busy road (Stan Schlueter Loop). 4-5 miles from huge Fort Hood military base.
Nothing exactly like us in the area or surrounding towns. Several small boxing/mma 'training' gyms in town, but they are not direct competitors. We are a non-contact fitness facility, our members are perfectly happy to hit and not be hit :)
Growth & Expansion:
Definite possibility for growth. Due to impending move and other obligations, owner has been mostly absentee for past year. Club has still thrived, and opportunities for growth from even a little time investment. Experienced staff that knows how to run the business.
Support & Training:
Franchisor provides regular training, annual conventions, a regional director who is always on call, and extremely good support. Outgoing owner will provide 2 months of training, schedule agreed upon, as needed for transition.
Reason for Selling:
Owner relocation
This business is an established franchise
Business Website:
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Business Listed By:
Joe Lockbaum

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