Own a hands off, Cashflowing Machine + RealEstate with Renters
| Asking Price: | $500,000 |
| Gross Revenue: | $358,362 |
| EBITDA: | $237,638 |
| Real Estate: | $1,200,000 |
| Cash Flow: | $109,644 |
| Inventory: | $3,000 |
| FF&E: | $25,000 |
| Established Year: | 2010 |
Absentee Owner. Great Cashflow. Mature Fitness Business. Real Estate
Feel great about earning money while helping people.
This operations exists within 3,500sqft.
It is a customer centric business model with systems in place for service delivery, training, marketing, hiring & firing, advancement and management.
Client retention exceeds 95% with front end profitability on each sale.
Systems have been time tested, approaching 14 years.
General manager in place.
Owner is absent from operations and lives in another state for much of the year.
There is 1,500sqft of additional area occupied by a renter on a 5 year lease providing an additional revenue stream with purchase of the building (this revenue stream is NOT included in the financials of the primary business)
Total real estate valued at $1.2million.
The population of this location has grown significantly in the last decade and the trajectory seems to be continuing.
You're owning something that the internet cannot replace and everyone else in the industry is chasing.
This is a great opportunity to build additional locations with the systems and perhaps work toward franchising. (If you're wondering why the current owner is not seeking this, it's because the owner's heart just isn't in it anymore)
