Strength & Conditioning with Classes & Personal Training

2492

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