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Asking Price$158,000
Revenue | $278,321 |
Established | 2008 |
Cash Flow | $55,455 |
Employees | 5 full, 6 part |
FF&E | $326,989* |
Franchise | No |
Inventory | Undisclosed |
Relocatable | No |
Real Estate | Undisclosed |
Home-based | No |
* Included in Asking Price
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Urban/industrial space for high-paying fitness clients now available for acquisition exclusively through The Firm Business Brokerage. Fitness is a lifestyle. This personalized training facility has complete and total focus on strength and conditioning. The highly-skilled staff pushes business-professional clientele to their limit with metabolic conditioning classes and personal training.
Included in the sale is $326,989 in hard assets, including $146,663 in fitness equipment, $66,900 in computer equipment and $113,426 in fixtures and other equipment. This top-notch facility has had an extensive startup and build-out more than $350,000.
Clients select from one of three levels for their monthly fee structure. Both first-time users and existing clients can schedule classes or personal training sessions through an easy-to-use online system. Employees are on-hand and ready to take care of the existing clientele; 1 nutrition coach, 4 personal trainers and 6 part-time class instructors. If you are serious about fitness, this is the center for you.
Next Steps: For a detailed financial package, please contact Cortney Sells or one of The Firm Business Brokerage’s professionals at 402.998.5288 or email Confidential@TheFirmB2B.com.
Personnel: 11: 1 nutrition coach, 4 personal trainers and 6 part-time class instructors Hours: Mon-Thurs 5am-7pm, Fri 5am-7pm & Sat 6am-3pm History: 7+ years Lease: $4,160 /mo. in large 5,500 sq. ft. industrial open gym setting Support to Buyer: 3-6 months as needed Additional Information: Number of Clients: 135 Client Pays: $150-$350/month dependent upon service Multiple: 2.85 Demographics: Professional Adults (30-65 years), 50/50 in gender Current Owner's Responsibilities: Active ownership; 30 hours/week Growth Opportunities: Extended Hours, Spa Services, Boot Camps, Pre-Made Meals
Asset Breakdown: $66,900 in computer equipment $146,663 in fitness equipment $113,426 in fixtures and other equipment
Build-Out and Startup Costs: More than $350,000 Intangible Assets: Online booking system integrated with point-of-sale software, existing client list
Funding Example 20% Buyer Down Payment: $31,600 20% Seller Financing: $31,600 60% Bank Loan: $94,800
In the funding example above, a bank would be able to fully collateralize a loan with the $326,989 of existing equipment included in the purchase price of the business.
Facilities: | $4,160 /mo. In large 5,500 sq. ft. industrial open gym setting |
Growth Potential: | Extended Hours, Spa Services, Boot Camps, Pre-Made Meals |
Training/Support: | 3-6 months as needed |
Seller Financing: | 20% Seller Financing: $31,600 |
Ad #78495
Seller Reference #FIT012
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