Women Focused Gym - Absentee Owner Benefit $144,000

Rockwall County, TX

Seller Financing Available
Women Focused Gym - Absentee Owner Benefit $144,000
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Asking Price: $425,000

Cash Flow: $144,111

Gross Revenue: $780,974

EBITDA: N/A

FF&E: N/A

Inventory: $15,000*

Rent: $11,100 /Month

Established: 2006

*not included in asking price.

Women Focused Gym - Absentee Owner Benefit $144,000

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Business Description

SBA Lender Pre-qualified with 15% down

Very popular fitness center for sale. Very easy to manage and a lot of fun. Sales are growing fast. 2018 Owner Benefit is $144,000. Owner operators could make more. Seller will entertain all reasonable offers. Reason for sale – seller is retiring.

Locally this fitness business has delivered on a mission to provide an overall health focused high energy workout that’s instructor based and involves a blend of head to toe exercise, cardio conditioning, and resistance training. The fitness center was just recently remodeled with over $30,000 in improvements.

In 2018 the business implemented a very popular weight loss program that increased sales by over $200,000 from the previous year. The program is very successful and 2019 sales remain strong.

This is a great turn key opportunity with a strong operating infrastructure. Management and staff are in place operating the day to day needs of the business. So, a transition will be relatively easy and will be supported by the current owner.

Sales continue to grow year after year
2016 Gross Sales: $554,552
2017 Gross Sales: $565,207
2018 Gross Sales: $780,974

Detailed Information

Location:
Rockwall County, TX
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
7,400
Lease Expiration:
5/31/2024
Employees:
29
Facilities:
The 7,400 sq. ft. fitness center was just recently remodeled with over $30,000 in improvements.
Financing:
Seller Financing 5% with a full price offer _ SBA Lender Pre Approved with 15% down
Support & Training:
No cost for 2 weeks
Reason for Selling:
Retirement
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David Didion

Business Listed By:
David Didion

American Gym Trader

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