Business For Sale

Fitness Center For Sale!

Not Disclosed, GA


Asking Price: Annual Revenue:
$79,900 $105,470

Recreation: Gyms, Health & Fitness, Sports


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RE: Fitness Center For Sale! Broker: William Reyes

Quick Facts

Asking Price: $79,900
Annual Revenue: $105,470
Net Profit: Not Disclosed
Cash Flow: $23,627
Total Debt: Not Disclosed
FF&E: $35,000
Real Estate: Not Disclosed
Year Established: 2001
Employees: 4
BBN Listing #: 301852907
Broker Reference #: 57971-91006

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Business Overview:

This fitness center has been in business for almost for almost 17 years, and in addition to a wide array of equipment offers personal training, tanning, and dedicated activity classes. Most importantly, the market segment for health and fitness averages 3.1% in membership growth annually.

This business features something for everyone:
• the business can be a turn-key operation for those who wants to manage with the current staff in place, or
• the business can be a blank slate and tailored for the latest niche in the fitness industry.
The owner is motivated to sell and ALL offers will be presented, because of a desire to change industries immediately. Finally, the owner is willing to sign a non-compete agreement.
Business Details
• Price: $79,900 (motivated & negotiable)
• Gross Revenue: $105,000
• Sellers Discretionary Earnings: $23,372
• Category: Fitness
• Location: Savannah
• Employees: 3 Full Time
• Years Owned: 5
• Inventory: $1,000
• FF&E: $35,000
• Reason for Selling: immediate change of industries
If interested, please contact Jacob Jones with Transworld Business Advisors or email us for further details.

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Property Features and Assets:

Founded in 2001, and purchased by the current owner four years ago, this fitness center has a wide-array of equipment, tanning, and personalized training available.

Market Competition and Expansion:

Gyms and fitness centers are all around, but the current owner would consider other competition to be low-priced and like any other typical gym as one might imagine. Potential Growth Savannah’s regional economy – which includes Chatham, Bryan, and Effingham counties – has been expanding above the national average for nearly seven years, creating 30,000 new jobs along the way, nearly all of them in the private sector. Since mid-2013, the growth has been substantial with growth projected for 2017 and beyond. The Savannah area will also benefit from the growth of the state of Georgia as a whole which is expected to grow above the national average in 2017 and beyond.

Reason for Selling:

Changing industries.

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 not a franchise resale opportunity.

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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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