Multi-Unit BIG-BOX Gyms

Florida
listing image
Asking Price:$4,200,000
Gross Revenue:$4,700,000
EBITDA:$820,000
Established Year:2014
Cash Flow:$820,000
Inventory:$50,000
FF&E:$3,500,000
BUSINESS DESCRIPTION

Multi-Unit turn-key gyms located in Southern Florida with $4.7 million in income and $820,000 in TTM EBITDA.

This networs offers a large-scale growing membership base. Revenue continues to grow through the expanding membership dues draft and personal training draft.

HERE ARE A FEW KEY DATA POINTS: Dynamic Growth from Dec 2023 vs Sep 2024
1. Income growth 18%.
2. Gross Profit growth 19%.
3. Net Income growth 243%.
4. EBITDA growth 59%.

STRONG MARKET
These locations have strong demographics with growth in population, AADT counts, HH Values, and HH$.

FULLY TRAINED STAFF
Amazing leadership team with seasoned regional staff. Total employees is near 100 including both W2 and 1099.

PLAYBOOK
We have a proven playbook with documented operational protocol. We have a structured onboarding process that ensure we are consistently exceeding our member expectations.

SOCIAL. CRM. & LEAD MANAGEMENT
The marketing methodology is seamlessly connected to our CRM for effective lead management. We maintain an above standard CTR of around .45 with impressions of 1.4 million monthly.

CULTURE
At the end of the day its about the culture we create through our leadership team. We have leading compensation plans with scheduled employee reviews on a 30/60/90/365 minimum rotation. Our regional staffs provide all the required training, demonstration, and coaching to ensure the performance expectations are met.

BUYER
This business is ready to roll for an operator with the appropriate desires and passion. We have a qualification process that will require proof of funds, bios, and a proved track record within the fitness industry.


DETAILED INFORMATION
Location
Florida
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
35,000
Employees
150
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Millions of dollars in leasehold improvements, free weights, funtional training equipment, cardio equipment.
Competition
CIM includes a full list of the market data and competitive space.
Growth & Expansion
Consistent YOY growth in the due and training draft with a large cieling remaining.
Support & Training
Regional staff provide thorough training to the team concerning process, tools, and methodolgy.
Reason for Selling
Relocating
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Bruce Bicknell
Bruce Bicknell