Hot Listing

Southern MN Gym For Sale

Asking Price$2,200,000

Cash Flow
$413,969
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$889,108

Inventory$40,000
Included in asking price
FF&E$550,000
Included in asking price
Real Estate$1,500,000
Included in asking price
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Hot Listing

Southern MN Gym For Sale


Asking Price$2,200,000

Cash Flow
$413,969
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$889,108

Inventory$40,000
Included in asking price
FF&E$550,000
Included in asking price
Real Estate$1,500,000
Included in asking price

Seller Financing Available
Business Description
For sale is a premier gym located in Southern Minnesota. This turn-key business comes complete with a loyal and established clientele and brand along with the privilege of being a staple in its community.

With an established workforce and part time owners, this business is well suited for various types of buyers.

The real estate along with all assets needed to run the operation are included in the asking price.
About the Business
Years in Operation
10
Number of Employees
47
Facilities & Assets
The real estate is built for the purposes of the gym and suites the needs of the gym perfectly. The real estate is included in the asking price.
Market Outlook / Competition
This business is unique in its offerings to the public and fills a niche space in the gym genre.
Opportunities for Growth
There are many avenues for growth with this business including: 1) increasing individual and group programming opportunities, 2) dedicate more resources to membership sales, 3) increase hours open to the public, and 4) focus on more retail sales, among many other options.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
6,300
About the Sale
Seller Motivation
Seller has other interests.
Transition Support
Will train for 2 weeks @ $0 cost.
Financing Options
$228K down/$220K over 60 mos. @ 8%/Other Financing.
Listing Info
ID
2379949
Listing Views
846

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Business Listed by: Jacob Petersen Murphy Business & Financial Corporation

Listing ID: 2379949 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.