Profitable Full Service Fitness Center with Pool

Price: $8,300,000
Location: Mid-Atlantic
Listing ID: RJ-HU24
Cash Flow: $1,192,000

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Description

Our client is a profitable, professionally run fitness and indoor aquatic center featuring extensive cardio and strength equipment, two indoor pools, a basketball court, circuit training, a wide range of group exercise classes, swim lessons, personal training, multiple kids’ areas, and modern, well-maintained locker rooms, including several private, individual changing rooms.

INVESTMENT HIGHTLIGHTS

• Established 2001
• 5,700 Members
• 6 FT, 90 PT Employees
• Over 100 Classes & Programs Offered
• 36,500 SF Purpose-built Facility
• Monthly Recurring Revenue: $237,000
• TTM Revenue: $2,880,000
• TTM EBITDA: $1,082,000 (includes $660K in rent to owners)
• Real estate is included in the asking price

ASKING PRICE

My clients will consider offers above $8.3M, which is the appraised value of the real estate.

QUALIFED BUYERS ONLY

Listing Details

Total Sales: $2,880,000
Cash Flow: $1,192,000
EBITDA: $1,082,000
FFE: $621,000
FFE Included: Yes
Inventory: $3,900
Inventory Included: Yes

Operations

Year Established: 2001
Absentee Owner: No

Location

Real Estate: $8,300,000
Real Estate Included: Yes
Square Footage: 36,500
Franchise: No

Summary

Reason for Sale

Retirement