Health and Fitness Club Chain
| Gross Revenue: | $3,625,000 |
| EBITDA: | $744,000 |
The Company is a chain of nine health and fitness clubs that operate in Iowa and Illinois. The Company serves individuals of all ages
by providing a range of amenities and professional support to help members achieve their fitness goals.
Key Aspects
· The Company operates nine health & fitness clubs that range from 2,500 sq.
ft. to 40,000 sq. ft. and five of which are owned by an affiliated entity
· The number of memberships has consistently grown at a compound annual
growth rate (CAGR) of 13.7% from 2020 through 2023
· The Company maintains strong customer relationships estimating that 70%
of revenue in 2023 was generated from recurring customers
· The Company's adjusted EBITDA & adjusted EBITDA margin grew
significantly with CAGRs of 45.3% & 35.7%, respectively, from 2021 through the trailing twelve months (TTM) ending June 30, 2024
· Financials as of 6/24
REF-BN000057228
