MergerPlace

Growing Multi-Location Fitness Center

Colorado


  • Asking Price: $350,000
  • Gross Income: $266,900
  • Cash Flow: $80,163
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $90,000
  • Listing ID: #210172
  • Established: 2013
  • Employees: 14

Business Description

Founded in 2013, the multi-location fitness center offers unique and flexible fitness programs. The Company has grown quickly and currently has over 600 paid members. With flexible program schedules, skilled trainers, and custom top-quality fitness programs, the Company is well-positioned. The gym is part of a growing and well-recognized brand with a global presence.
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Business Details

Primary Business Category: Retail Trade - Health & Personal Care
Location: Colorado

Company Information

Year Established: 2013
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 14

Financial Information

Asking Price: $350,000
Gross Revenue: $266,900
Cash Flow: $80,163
FF&E: $90,000
Seller Financing Available: Yes

Property Information

Facilities:

The Company has three locations. Each one is located in a high traffic area that attracts generates significant exposure. The locations are leased and 1,050 square feet, 1,350 square feet, and 1,550 square feet in size.

Growth & expansion opportunities:

Growth Opportunities Include: (1) Owner-Operator Growth: Current ownership only spends 5 to 8 hours per week on the Company. An owner-operator is much more likely to locate growth areas in the business. (2) Health Trend: The trend toward healthy lifestyles is not slowing down. The Company stands to benefit significantly from continued interest in high quality fitness programs. (3) Expanded Marketing Efforts: The Company has the ability to grow substantially by expanding its current marketing efforts so that it reaches more people to share its unique and high quality programs.

Competition:

The Company’s investment highlights include: (1) Service Offering: The Company offers a high quality and unique fitness program. (2) Great Brand Value and Recurring Customers: The Company’s brand is well-known and respected. The gym’s member base has exploded to over 600! (3) Fast Growth: The Company grew at a compound annual growth rate of almost 50% over the past couple of years. (4) Well-Equipped: The Gym has $90,000 in equipment and fixtures. (5) Fantastic Locations: Each location is in a high traffic area near shopping centers that draw significant attention from potential customers.

Reason for selling:

The current owners want to focus on other interests.

Support & Training:

Ownership willing to provide reasonable and customary transition assistance.

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Business Listed By:

Max Friar

Calder Capital, LLC