Kids Gym in the Pacific Northwest
King County, WA
| Asking Price: | $460,000 |
| Gross Revenue: | $460,000 |
| EBITDA: | $518,000 |
| Cash Flow: | $120,000 |
| Rent: | $5,635/Month |
| Established Year: | 2006 |
Listing ID: 2260449Listing provided by BizBuySell
BUSINESS DESCRIPTION
Established turn-key kids gym with loyal customer base
The business is thriving with room for potential growth in all areas. Most of the income comes from monthly auto billing for classes. Other popular services are kids birthday parties, open gym times and Date Nights.
The sale includes a complete annual curriculum for toddler, preschool and elementary gymnastics as well as ninja classes.
The management is very capable and wants to stay onboard if desired. The location is excellent! The facility is fully equipped for recreational gymnastics, ninja and birthday parties.
DETAILED INFORMATION
Location
King County, WA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,700
Lease Expiration
30/04/2026
Employees
18
Facilities
The gym is on a busy corner with a lot of traffic and visibility and ample parking. There are windows all around 3 sides of the building, mirrors line the gym with wall to wall foam carpeting. The lobby is equipped with everything needed for comfortably viewing classes through the windows and for hosting parties. There a 2 bathrooms, 3 storage areas and an office area. The gym is full of equipment including bars, beams, tumble track, tumbling aids, zip line, warp wall and many props.
Competition
The gym is the only recreational kids gym of its' kind in the area, and there is one competitive gym in the area. Gymnastics is a growing sport among young kids because of the increased awareness of all its health benefits, like building confidence, physical fitness and body control, promoting social emotional growth and creating a sound foundation for any other sport. The gym is located in a growing city for young families near Seattle with abundant preschool and elementary schools in the district.
Growth & Expansion
There is potential for growth in revenue by adding classes, open gym hours, party availability and additional date nights. The building management is open to negotiating a new lease for the new owner. Financial statements are available for interested parties.
Financing
Partial seller financing available if needed.
Support & Training
The management team is trained in all areas of managing the gym, staff and customers. The owner is willing to train the new owner for a month or longer if needed. The coaching staff is trained on sight as well as online with our training courses complete with videos and quizzes.
Reason for Selling
The owner is retiring.
Franchise
This business is an established franchise
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