Multi-location Gymnastic Center

Not Disclosed, NY
Allegany County

Asking Price: Annual Revenue:
$3,200,000 $2,467,988

Recreation: Gyms, Health & Fitness, Sports

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RE: Multi-location Gymnastic Center Broker: Thomas Vondell
Owner Financing is Available!
$500,000 at 8% for 36 months

Quick Facts

Asking Price: $3,200,000
Annual Revenue: $2,467,988
Net Profit: $954,420
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $122,500
Real Estate: Not Disclosed
Year Established: 2005
Employees: 59
BBN Listing #: 864460184
Broker Reference #: 215-21070

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Business Overview:

This turn-key, outstanding, profitable gymnastics center w/ 4 locations has multiple income streams, stellar reputation for fun and instruction, while business and revenue continue to climb! Classes and instruction, birthday parties, specialty clinics, open workout, competitive team, pre-school classes, and an innovative business plan make this a must see! Absentee or onsite owner makes this business very appealing! 2019 numbers used as 2020 was an anomaly. 2020 numbers available upon request. Very strong 2021 numbers and projections. For additional information please contact listing agent Thomas Vondell.

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Property Features and Assets:

This is a leased location of 30,500 square feet combined for 4 locations with a combined Total Rent of $23,325. Lease ends 07/2026 with two 5 year lease options. Seller is active in the business with 4 Full Time employees and 55 Part Time employees. Hours of operation varies depending on location, classes, teams, Pre-K and special events. $122,500 in FF&E included in Asking Price.

Reason for Selling:

Moving out of the area.

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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