Washington D.C. #1 Refurbished & Sale of Comm Gym Equipment! 20 years!

Asking Price$595,000

Cash Flow
$110,000

EBITDA$110,000

Gross Revenue$950,000

Inventory$450,000
Included in asking price
FF&E$45,000
Included in asking price
Real EstateNot Disclosed

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Washington D.C. #1 Refurbished & Sale of Comm Gym Equipment! 20 years!


Asking Price$595,000

Cash Flow
$110,000

EBITDA$110,000

Gross Revenue$950,000

Inventory$450,000
Included in asking price
FF&E$45,000
Included in asking price
Real EstateNot Disclosed


Seller Financing Available
Business Description
Two Warehouses filled with as many as 400 pieces of commercial gym equipment, ready for resale! Price also includes $35K in spare parts, name of company, phone # and website conveys with the business. There are other services & income producing aspects, beside resale.!
About the Business
Years in Operation
23
Employees
3
Currently Relocatable
Yes
Facilities & Assets
The equipment is stored & serviced in two warehouses in NoVa area. Both warehouses are owned by the Seller, both are scheduled for demolition for NEW commercial development. Next generation of ownership would have the opportunity of finding a leased space of 15,000 sq ft or more, that is very much in "the public eye". Seller can coordinate the transfer of existing equipment to the new location, there are approx 400 pieces of equipment that are available to sell, at an avg price of $3,000 each.
Market Outlook / Competition
For sure this company is recognized as the #1 Washington, D.C. area "go-to" for excellent, refurbished gym equipment. Therefore, there is no real competition.
Opportunities for Growth
There are six additional, income producing services, besides just the sale of the equipment. These can be described in the Broker's summary.
About the Sale
Seller Motivation
The Owner is retiring out of the business and will be focusing on the commercial
Transition Support
Seller will offer training & support to the Buyer for a smooth transition.
Financing Options
Yes, up to $100K avail to qualified buyers, detailed TBD.
Listing Info
ID
2386606
Listing Views
360

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Business Listed by: Mike Saedlo Mike Saedlo

Listing ID: 2386606 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.