Covington Athletic Club For Sale in Covington, Louisiana
Business Description
Duran Advisors presents the Covington Athletic Club for sale in Covington, Louisiana. The gym has been in business for over a decade in a high-traffic, centralized location. The owner is looking to sell to pursue other business ventures.
This turn-key business is ideal for a buyer seeking to acquire a facility with an established cash flow. A trainer could monetize the existing client base in a new way by offering personalized training, while the existing revenue stream pays for the business. It is also an ideal strategic acquisition for a company looking to expand. The business is not tied to any franchise, making it a good candidate for a buyer looking to establish a new franchise.
The property is currently leased. A digital Confidential Information Memorandum (CIM) is available to fully disclosed buyers. See the location captured with a Matterport Virtual Reality 3D scan
Discretionary Earnings 2024: $126,641
This is a Structured Sale™ with the following schedule:
6/20 – Question Submission Deadline
6/27 – LOI Submission Deadline
7/31 – Due Diligence & Close (subject to financing)
Meet the owner, tour the facility, and explore this turnkey opportunity.
This turn-key business is ideal for a buyer seeking to acquire a facility with an established cash flow. A trainer could monetize the existing client base in a new way by offering personalized training, while the existing revenue stream pays for the business. It is also an ideal strategic acquisition for a company looking to expand. The business is not tied to any franchise, making it a good candidate for a buyer looking to establish a new franchise.
The property is currently leased. A digital Confidential Information Memorandum (CIM) is available to fully disclosed buyers. See the location captured with a Matterport Virtual Reality 3D scan
Discretionary Earnings 2024: $126,641
This is a Structured Sale™ with the following schedule:
6/20 – Question Submission Deadline
6/27 – LOI Submission Deadline
7/31 – Due Diligence & Close (subject to financing)
Meet the owner, tour the facility, and explore this turnkey opportunity.
About the Business
- Years in Operation
- 14
- Number of Employees
- 0
- Facilities & Assets
- The facility is a 5,500 sq. ft. gym located in a busy commercial center, fully built out with strength and cardio equipment, locker rooms, and 24/7 access. An additional 2500 sq. ft. is available next door.
- Website
- http://www.covingtonathleticclub.com/
- Market Outlook / Competition
- The gym serves the greater Northshore area, attracting serious fitness enthusiasts and families seeking an alternative to corporate gyms.
- Opportunities for Growth
- Growth opportunities include personalized training services, expanded marketing, equipment upgrades, and leasing adjacent space to add services like classes or retail.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 5,500
- Rent
- $4,340.00 per month
About the Sale
- Seller Motivation
- Other business interest
- Transition Support
- The current owner will provide two weeks of training at 40 hours per week, with additional support available at market rate if needed.
- Financing Options
- Financing may be available to qualified buyers.
Listing Info
- ID
- 2375720
- Listing Views
- 742
Business Location
Listing ID: 2375720 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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