MergerPlace

Established Popular Fitness Gym in S. FL

NW Broward County, Florida (Broward)


  • Asking Price: $209,000
  • Gross Income: $160,178
  • Cash Flow: $72,383
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $36,773
  • Listing ID: #202729
  • Established: 2011
  • Employees: 2 FT - 3 PT

Business Description

Fitness gym serving NW Broward has developed a strong local following since its opening in 2011. Highly visible location in upscale family community. Privately owned and operated, but part of a global organization with hundreds of affiliates. Trainers are certified in proven exercise and nutrition program designed for athletes, but open to all. Program emphasizes fun and exciting group workouts in a family environment with full tracking, analytics and social networking.


Business Details

Primary Business Category: Amusements, Entertainment, Other
Location: Florida
Metropolitan Area: NW Broward County
County: Broward

Company Information

Year Established: 2011
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 2 FT - 3 PT

Financial Information

Asking Price: $209,000
Gross Revenue: $160,178
Cash Flow: $72,383
EBITDA: $72,383
FF&E: $36,773
Seller Financing Available: No

Property Information

Facilities:

Currently operating out of a 3,600 square foot facility that will be reduced to 1,800 square feet without affecting the business.

Growth & expansion opportunities:

Over 57 million Americans were health club members in 2016, up 3.6% over 2015 with revenues topping $27.6 billion.

Competition:

Highly regarded specialized training program is the only one of its kind in South Florida. Surrounded by upscale residential communities.

Reason for selling:

Seller is relocating.

Support & Training:

Owner will train buyer for two weeks, certifications for trainers are available through international organization.

Contact Business Seller

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Business Listed By:

Roberta Caputo

Capital Business Solutions