MergerPlace

Sports and Recreation Instruction

Idaho


  • Asking Price: $900,000
  • Gross Income: $1,478,866
  • Cash Flow: $292,181
  • Real Estate: Not Disclosed
  • Inventory: $9,532
  • FF&E: $240,500
  • Listing ID: #202677
  • Established: 1976
  • Employees: 7 FT/40 PT

Business Description

The Business is primarily a dynamic gymnastics instruction business with other programs to fulfill their mission of happy, healthy and confident children. The gymnastics programs are held in a 22,000 sq. ft. facility with top quality equipment. All classes are taught by qualified instructors utilizing progressive lesson plans. Preschool classes introduce basic gymnastics skills, listening and following directions as well as socialization with other children. Recreational classes teach beginning through advanced gymnastic skills using the 4 Olympic events for girls or the 6 Olympic events for boys. Boys and Girls are taught in separate groups. Motor coordination, strength, flexibility and skill development are stressed throughout the program. There are ancillary programs that compliment the gymnastics instruction and provide a wide variety of activities other than gymnastics.


Business Details

Primary Business Category: Amusements, Entertainment, Other
Location: Idaho

Company Information

Year Established: 1976
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 7 FT/40 PT

Financial Information

Asking Price: $900,000
Gross Revenue: $1,478,866
Cash Flow: $292,181
FF&E: $240,500
Inventory: $9,532
Seller Financing Available: No

Property Information

Facilities:

The gymnastics programs are held in a 22,000 sq. ft. facility with top quality equipment, conveniently and centrally located on a busy street in the middle of the city. There is also a very large swimming pool specially designed for teaching and training. The building houses top of the line, modern amenities for all facets of gymnastic training, as well as other programs. The business offers transportation to and from area schools for the before and after school programs for parental convenience.

Growth & expansion opportunities:

The business has the capacity to almost double the current student number currently around 800-1000 students. At one point, the business was up around 1,900 students. The owners have done very well but have not felt the need to advertise or invest the time in order to grow back to that number. A new owner could take this to the next level with more online presence and marketing.

Competition:

There are competitors in the area including other children's gymnastic training facilities. This business is larger than some competitors, with more programs offered. Even though there are competitors, the market is no where near saturated. With the growth in population of the valley, the main demographic for students grows as well.

Reason for selling:

Owners have been in the business for 40 years and want to retire.

Support & Training:

Will train for 2 weeks @ no cost. Gymnastics instruction is the primary focus. However, the business offers a wide variety of other programs for children and adults which include: Child Care, Educational Preschool, Tutoring-Homework Study, Summertime Swimming, Daycamp, Before and After School Care, Group Gymnastics and Swimming Instruction, Adult Fitness, Boutique Pro Shop and First Aid Courses.

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Business Listed By:

David Choate

Murphy Business Brokers