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Very Modern 50,000 sq. ft. Gym | 5,000 members | $170,000 monthly dues

Clarke County, GA

Very Modern 50,000 sq. ft. Gym | 5,000 members | $170,000 monthly dues
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Asking Price: $2,000,000

Cash Flow: $500,000

Gross Revenue: $2,342,201

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $45,000 /Month

Established: 2018

Very Modern 50,000 sq. ft. Gym | 5,000 members | $170,000 monthly dues

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Business Description

SBA Pre-qualified with 15% down

This is a 50,000 square foot coed full-service facility only 18 months young and growing fast. The club is high end with a $5,000,000 build out and the nicest in town by far. The club is absolutely loaded with high-end equipment and well maintained. Centrally located in the highly desirable area of town. The club amenities include towel service, childcare, a Planet Smoothie franchise in the lobby, group fitness classes, a women’s only section (accessed thru childcare or the ladies locker room), county club style locker rooms with steam and sauna, cardio, free weights, selectorized machines, plate loaded machines You won’t find a nicer club around.

Real Estate is also for sale and has been appraised

2018 Cash Flow: $405,853
Past 12 months Cash Flow: $445,648
2019 Projected Cash Flow: $514,830

Detailed Information

Location:
Clarke County, GA
Real Estate:
Leased
Building SF:
55,700
Lease Expiration:
N/A
Support & Training:
No cost for 4 weeks
Reason for Selling:
Other Business Investments
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David Didion

Business Listed By:
David Didion

American Gym Trader

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