Listing ID: 72034

Business Overview

100% absentee-owned business with experienced full-time manager in place

Over 3,100 active recurring members generating predictable monthly income

Approximately $76,000+ in recurring monthly membership collections

Prime, high-visibility location on a major commercial corridor

Spacious 27,000 SF facility with excellent parking and accessibility

New 5-year lease with an additional 5-year renewal option

Rent is $21,880 per month

Approximately $1,000,000 in fitness equipment included and owned free & clear

Membership base continues to grow with positive year-to-date net member gains

Insurance-funded renovations currently underway, providing updated facilities prior to closing

Significant upside through expanded personal training, recovery services, nutrition, retail sales, and corporate memberships

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Business Owners: We represent qualified clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future please contact me at info@hedgestone.com. Our buyers are already qualified and willing to invest their time and money toward a business like yours. All communications are kept STRICTLY CONFIDENTIAL.

CONSENT TO TEXT MESSAGING: By entering your mobile phone number, you expressly consent to receive text messages from Hedgestone Business Advisors. Message and Data rates may apply.

FOR INTERESTED PARTIES PLEASE CALL US AT (561) 593-3711

Financial

  • Asking Price: $649,000
  • Cash Flow: $220,000
  • Gross Revenue: $1,184,384
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: Yes
  • Established: N/A

Detailed Information

  • Property Owned or Leased:Lease
  • Property Included:N/A
  • Building Square Footage:27,000
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

Yes.

Purpose For Selling:

Other business interests.