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Business For Sale

Gold's Gym available in a desirable area!

Prince Georges, MD, USA

Recreation: Sports, Exercise, Gyms

Owner Financing is Available
seller is providing financing at reasonable terms with a $300,000 down payment
Asking Price:
Year Established:
Employees:
Listing Number:
$599,000
1997
26
78027911
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$780,000
$105,000
Not Disclosed
Not Disclosed

Business for Sale Overview:

Wonderful opportunity to own a franchise unit of the Nation's premier fitness center. This 21,000 sq ft facility has been in operation for 12 years and benefits from being centrally located as one of the anchor businesses in local strip mall. This state-of-the-art facility offers an extensive selection of cardio equipment, free weights, resistance machines, a sauna / steam room, tanning beds, locker rooms and a full basketball court. Additional features include group classes, including spin, yoga, pilates, kickboxing, as well as personal training and child care services. Owner has recently invested $40K in improvements to the facility. Owner states that monthly revenues have increased 65% from 2008 and approximately $51K generated each month in EFT from memberships. Additionally, an average of 110 new members have joined during 2009. Enjoy the many benefits of being one of the 600 Gold's Gyms globally including brand recognition and unparalleled advertising support that includes television, radio, print, internet and direct mail marketing. OWNER FINANCING AVAILABLE!

For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.

Reason for Selling:

pursuing other interests

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

Contact the Seller:

To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.

Additional Information

Gold's Gym available in a desirable area!
Business Listed By:
Carl Williams
First Choice Business Brokers
contact the seller
Due Diligence Checklist and Guide
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