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- RE: Rock Climbing Gym In Collin County For Sale
- Contact: Jeff Goldblatt
Quick Facts
Asking Price: | $625,000 | |
Annual Revenue: | $593,076 | |
Net Profit: | $127,348 | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $340,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2005 | |
Employees: | 10 | |
BBN Listing #: | 541943628 | |
Broker Reference #: | 42060364 |
Business Overview:
Exercise is all about engaging your muscles—from your heart to your biceps and quads—and asking those muscles to perform work. And when it comes to activating and training a diverse range of muscles, few exercises rival climbing.
Since the turn of the millennium, climbing has undergone a growth spurt. In the United States, the number of climbing gyms has quadrupled since 2000. The pandemic brought a variety of challenges for climbers and climbing gyms, but the industry is rebounding strongly.
According to the Climbing Business Journal’s yearly trends report, 53 new climbing gyms opened in 2021, bringing the total to 591 gyms in the United States. Despite the pandemic, only 8 gyms closed in 2021, resulting in the highest-ever yearly net increase in gyms (45).
The outlook for climbing gyms remains bright. Climbing competitions continue to gain popularity and legitimacy, and the 2020 Olympics provided a great deal of global exposure despite the pandemic.
We are pleased to represent this successful, growing rock-climbing gym in fast growing Collin County. Rock climbing is more than a sport, it’s a community where strangers socialize and discuss their passion for the sport. A successful rock-climbing gym is one that has a passionate staff who creates an inclusive environment, sets creative & challenging routes & provides supplemental programs, training, activities & accessories. This gym checks all the boxes for having a successful gym. The gym has recently been upgraded with new HVAC system, new lighting & mats totaling $200,000. The upgrade should reduce operating expense for a new owner.
To learn more about this exciting opportunity in this growth industry, please submit interest via the business for sale website that you are viewing & I will send our Non-Disclosure & Buyer Profile document to complete or save time by submitting the NDA online via our website, vrdallas.com. Navigate to the business where you have interest & submit the NDA.
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Property Features and Assets:
9,600 Square Feet Building whose Seller just invested $100,000 in upgrades so that the Buyer will not need any capital improvements.
Market Competition and Expansion:
Industry is growing rapidly & though they have competition this independent climbing gym is able to have a community & social based environment.
Reason for Selling:
Retirement & Relocation.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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