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.