Personal Training Business - Private Gym - 32162 Business Type: sporting goods/ exercise/ gyms,sports complex,seller financing available,gym/health club
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $599,000 | Down Payment | $399,000 |
| Gross Revenues | $575,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $235,000 | Number of FT Employees | Register Free to View |
Financing
$399,000 Down and $200K over 3 yrs. @ 6%.
Business Description
Personal Training Business - Private Gym. For the past 14 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. 95% of clients see other trainers at the gym, so there will be a smooth transition for a new owner. This is a 5600 sq ft Personal Training Studio/Private Gym/Group Fitness/ Studio. They are open 7 days. They currently sell limited retail items, supplements, clothing, etc. That is huge growth area. There is much room for expansion. In the past year this business Grossed approx: $575,000.00 with a Net Income of approx: $235,000.00. THESE NUMBERS ARE VERIFIABLE ON THE TAX RETURN! The owner would stay on for a thorough training and transition period. We are seeking a serious and financially qualified buyer with some fitness/personal training background at least $399K in liquid funds to cover the down payment. ALL MEETINGS MUST BE MADE BY APPOINTMENT ONLY!
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.
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