High Profile Gymnastics Academy

Not Disclosed, TX

Asking Price: Annual Revenue:
$6,000,000 $1,988,884

Recreation: Gyms, Health & Fitness, Sports

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RE: High Profile Gymnastics Academy Broker: Ken Pokorny

Quick Facts

Asking Price: $6,000,000
Annual Revenue: $1,988,884
Net Profit: Not Disclosed
Cash Flow: $523,128
Total Debt: Not Disclosed
FF&E: $278,410
Real Estate: $4,900,000
Year Established: 2004
Employees: 31
BBN Listing #: 41244955
Broker Reference #: 6004-16702

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Business Overview:

This well-established gymnastics academy is located in one of the fastest growing cities and in the heart of one of the largest sports complexes in the country. The acquisition opportunity comprises of two separate business entities – the gymnastics academy itself, and the separate entity holding the real estate.

This business has an initial focus on creating a strong recreational program focusing on the child, building good basics, and helping younger children with fine and gross motor skills through gymnastics. From early beginnings starting over 17 years ago, this academy has become a strong force in Texas, one of the most competitive states in the Nation for gymnastics. The focus is on family-oriented programs, along with high goals of building strong relationships with their clients which has helped the business grow to its present level.

It has and experienced coaching staff and an excellent physical facility. Enrollment is consistently over 900 students. The owners have a long history involving gymnastics coaching and involvement at various competitive levels. They have competitive programs in all 3 disciplines- Men & Women's Gymnastics as well as Tumbling and Trampoline.

Strengths include:
- Established Business Model and Clientele:
- Solid Demographics: The family and student demographics in the target radius includes over 30,000 youth in the target age range for a stable student/client population with opportunity for growth.
- Solid Real Estate Investment Opportunity: With real estate representing the majority of the purchase price, and a facility that is flexible for future use (with a grandfathered zoning and use classification), there is an inherent long term growth opportunity in the value of the real estate, separate and aside from the core business. Favorable Lender financing for Real Estate in conjunction with business acquisitions is an added bonus.
- Established and Stable Key Staff Members: Strong relationships with students/clients with tenure ranging from 5-15 years. The experienced and dedicated staff can balance the discipline of athletic coaching with the compassion required for working with children in various age groups.
- Very strong reputation in the community and at the competitive and National levels.

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Property Features and Assets:

The 20,000 square feet facility, built in 2010, is ideally located on 1.83 acres of land and is situated in a sports complex area. The Real Estate is held by a separate entity and is included in the sale. Because of the building open interior design and a Special Use Zoning permit, the building could be converted for other retail or officer use in the future. Assets = $5,178,410

Market Competition and Expansion:

Roughly five million children nationwide between the ages of 6 and 18 participate in organized gymnastic programs and that number has been trending upwards for more than a decade.

Reason for Selling:

Owners want to spend more time with family.

Additional Details:

  • The property is owned.
  • 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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