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Join Clearing and Settlement Now!

 350,000.00

Great Opportunity for Owner/Operator, Personal Trainer, or First Time Gym Buyer to Make Money and Live on the Beautiful Emerald Coast of Florida

Workout Area

Description

No Debt – All Bills Paid – Free and Clear

Founded in 2012, this well-established business provides a full scope of fitness services including state of the art equipment, nationally certified personal trainers, weight lifting for all skill levels, Les Mills aerobics program (Zumba, Spin, etc), and the only Olympic Weight Platform and Octagon Functional Trainer in the area. With year over year revenue growth, it continues to thrive in 2018 as a reliable source of strong cash flows.

This turnkey business would be a perfect fit for anyone who has a desire to be a hands-on manager or for anyone who would like a more hands-off approach to operations. The current staff is well versed in the daily operations and the computer system supports automated back office processes.

With over 6 years of proven cash flows and over $300k worth of equipment included with the sale, this high quality acquisition opportunity offers a path towards substantial overall return on investment.

Asking Price:

$350,000

Annual Sales:

$532,000

Cash Flow:

$111,658

Business Location:

Panama City

Business State:

Florida

Franchise

No

Number of Active Members:

1762

Facility Square Feet:

17,000

Year Established:

2012

How Many Employees:

16 W-2 Employees and 6 1099 Aerobics Instructors

Seller Financing Available:

Negotiable

About the Competition:

There are 3 additional full-service fitness centers that share the potential membership base. Each has its own personality and attracts members accordingly.

Growth Expansion:

There is a potential opportunity to gain 1,000 + members from an existing competitor. Additionally, there are corporate deals under consideration with a large national corporation.

Support Training:

Current owners will agree to a transition period under which new owners will receive full training in current operations and systems. Staffing continuity (including front desk, sales, back office, personal training, and aerobics) would be a goal of this transaction.

Reason For Selling:

Current owners have other business interests outside of the state of Florida requiring their undivided attention.

Video courtesy of Millennium Trust

Listing ID: 3295b69c8d425d18

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Value of posted assets

Est. over 500+ Million in assets posted
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