MergerPlace

Established & Profitable Fitness Center

South Dakota


  • Asking Price: $349,000
  • Gross Income: $280,120
  • Cash Flow: $83,254
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $146,000
  • Listing ID: #202846
  • Established: 2009
  • Employees: 3 FT/3 PT

Business Description

This profitable and well established fitness center has been in operation almost ten years. Through the years, the current owner has steadily grown the membership base and now employs five coaches/trainers to serve their clients.

The business sets itself apart by utilizing technology and offers members a mix of interval strength training, stretching exercises, and cardio. Members can choose to visit during staffed or unstaffed hours.


Business Details

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

Company Information

Year Established: 2009
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 3 FT/3 PT

Financial Information

Asking Price: $349,000
Gross Revenue: $280,120
Cash Flow: $83,254
FF&E: $146,000
Seller Financing Available: No

Property Information

Facilities:

The business is located in a great location and has good visibility, parking and neighbors. In the same location since it opened, the business has a favorable long-term lease in place, with additional options for extension.

Growth & expansion opportunities:

A new owner can look to grow the business in a variety of ways. Among these are growing the membership base, adding additional training or lines of business, or opening up additional locations.

Competition:

Direct and in-direct competition exists in the marketplace, but this business has built a loyal and diverse membership base.

Reason for selling:

Seller would like to spend more time with a growing family.

Support & Training:

Will train for 2 weeks @ no cost. Outside of the required state & federal licenses, no special licenses or skills are needed.

Contact Business Seller

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Business Listed By:

Rey Gonzales

Murphy Business Brokers