Established Fitness Location in Cedar Valley-Iowa

Asking Price$56,426

Cash Flow
$44,284
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$271,349

Inventory$1,500
Included in asking price
FF&E$15,000
Included in asking price
Real EstateNot Disclosed

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Established Fitness Location in Cedar Valley-Iowa


Asking Price$56,426

Cash Flow
$44,284
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$271,349

Inventory$1,500
Included in asking price
FF&E$15,000
Included in asking price
Real EstateNot Disclosed


Seller Financing Available
Business Description
Established Fitness Location
If you are looking to get into business ownership with minimal cash down, this might be the right opportunity for you! It is not often that you can buy a business with this little upfront investment and quickly become your own boss. This is a turn-key business, currently in full operation, and ready for the next owner to step in with fresh energy and focus.

This is a long-established fitness center (a franchised location) with a unique opportunity to buy low. Put your focus and energy into creative marketing and sales outreach to reach your target audience, and then you can capitalize on the gains. The sales have trended down since 2021, but there is a solid foundation in place to handle future growth. It will take someone with commitment and willingness to focus on marketing efforts to get member numbers back up to pre-COVID levels.

The seller is looking for the right buyer, could it be you?

Are you someone who enjoys interacting with people throughout the day?
Do you have good organizational skills?
Are you a good communicator?
Do you have basic computer knowledge?
Are you familiar with the fitness industry?
Do you have sales or marketing experience?
If you answered no to any of the above questions, are you a quick learner, and are you teachable?
About the Business
Employees
23
Market Outlook / Competition
Loyal member base. Several members are also class instructors which allows them to keep a large pool of instructors, making it efficient to fill class schedule times.
About the Sale
Seller Motivation
Retirement
Transition Support
Number of Weeks Seller Will Offer Training: 2
Financing Options
Financing Amount $26.426,00 Interest 5% Terms Months 24
Listing Info
ID
2347757
Listing Views
933

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Business Listed by: Scott Hislop Transworld Business Advisors of Minnesota & Des Moines

Listing ID: 2347757 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.