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Two Highly Profitable Fitness Centers

CO

Two Highly Profitable Fitness Centers
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Asking Price: $2,795,000

Cash Flow: $679,858

Gross Revenue: $1,942,944

EBITDA: N/A

FF&E: $64,000

Inventory: N/A

Rent: $0.00

Established: 2009

Two Highly Profitable Fitness Centers

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Business Description

Two Highly Profitable Fitness Centers - These two well established, non-franchise fitness centers have demonstrated increased profitability year after year. Location #1 opened its doors in early 2009, became profitable very quickly, and continues to consistently generate good cash flow. Location #2 opened its doors a few years later, has been profitable the last three years, and has plenty of room for growth. Both locations have well-trained managers and staff already in place taking care of the daily operations. The management team prides itself in having a clean and friendly environment, which explains the high use and membership retention rates. The asking price reflected below is for both locations, but the sellers will entertain the sale of each location separately. Contact Rob Amerine.

Attached Documents


Detailed Information

Real Estate:
Leased
Building SF:
40,000
Lease Expiration:
N/A
Employees:
6-FT, 14-PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
- Colorado - 2 Locations (each approx. 20,000 sf) - Favorable Lease Terms
Competition:
- Independently Owned - Well Maintained Equipment - Great Locations - All Equipment Owned - Recurring Revenue - Good Growth Potential
Reason for Selling:
Retirement/Relocation
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Contact the Seller

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Rob Amerine

Business Listed By:
Rob Amerine

The FBB Group, Ltd.

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Sponsoring Broker:
Ron Chernak

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