Extremely Profitable, Local Birmingham Gym

Asking Price$975,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$558,374

Inventory$1,500
Included in asking price
FF&E$400,000
Included in asking price
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Extremely Profitable, Local Birmingham Gym


Asking Price$975,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$558,374

Inventory$1,500
Included in asking price
FF&E$400,000
Included in asking price
Business Description
Unique Opportunity - Absentee Owner - Motivated Seller
This is a family friendly facility in a booming part of the metro. This is the kind of a lifestyle business where the member customers become your friends: some of them like family.

Do you want a solid business return for passive ownership? This business has a lot of enticing features for its industry. Very reasonable rent, $5,500 per month, 15,000 square feet. A lot of space for fitness enthusiast to spread out and focus on their work. Well designed so that member can spread or keep it a small group. Super high recurring revenues at over $40,000 per month.

From the hard core trainer, to the grinding lifter, to the occasional tanning salon member this management provides a safe, clean, inviting environment for its member to want to keep coming back. For more information contact Rick Gilmore directly 205-369-5584 or connect, rickg@sunbeltnetwork.com
About the Business
Years in Operation
12
Employees
14 (3 Full-time, 11 Part-time)
Facilities & Assets
Low-tech to high-tech this gym has got it. The facility cater to group classes, personal training, cycling, aerobics or the grinding lifter. The extensive equipment list will be identified by type and serial number making the larger dollar pieced items available for collateral for financing.
Market Outlook / Competition
The broker will discuss all market competitors to prospects following the signing of an NDA
Opportunities for Growth
The owner currently manages this facility as a passive opportunity and will be glad to provide resources to the new owner for growth opportunities he would do if he were staying.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
16,800
Rent
$5,500 per month
About the Sale
Seller Motivation
Owner lives out of town
Transition Support
Seller will provide an agreed upon amount of training and transition as part of deal acceptance. There are also reasonable consulting sources available for subcontract services.
Financing Options
We are in the process of vetting the project for an 7a SBA loan
Listing Info
ID
2545369
Listing Views
13

Listing ID: 2545369 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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