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Business for Sale Summary

Personal Training Business - Private Gym - 27363

Business Type: retailing businesses,gym/health club,service businesses,special situations,best deals!,new to market,seller financing available,sporting goods/ exercise/ gyms
Owner Financing
Personal Training Business - Private Gym
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Financial Information (non-confidential)

General Information
Asking Price $575,000 Down Payment $345,000
Gross Revenues $558,402 Lease Remaining Register Free to View
Owner’s Cash Flow $226,655 Number of FT Employees Register Free to View

Financing

$345,000 Down and $230K over 3 yrs. @ 6%

Business Description

Personal Training Business - Private Gym. For the past ten years the owner has put his blood, sweat and tears into building a great business from scratch. Today the owner has only a handful of clients he trains himself. Most clients see other trainers at the gym, so there will be little to no client loss in a sale. This is a 5600 sq ft Personal Training Studio/Private Gym/Group Fitness/ Studio. They are open 7 days. The currently sell no retail items, supplements, clothing, etc. That is huge growth area. There is much room for expansion. In the past year this business Grossed approx: $558,402 with a Net Income of approx: $226,655.00. THESE NUMBERS COME RIGHT FROM THE 2014 TAX RETURN! The owner would stay on for a thorough training and transition period. We are looking for a buyer with some fitness/personal training background and at least $345K in liquid capital. Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.