Profitable Gymnastics Business for Sale
| Asking Price: | $190,000 |
| Gross Revenue: | $185,000 |
| EBITDA: | $119,000 |
| Real Estate: | $1,000,000 |
| Cash Flow: | $130,000 |
| Inventory: | $300 |
| FF&E: | $100,000 |
| Established Year: | 2006 |
Fun Gym for Children Play, Learn, & Birthday Parties
Hello Coach/Potential Gym Owner,
Are you a great coach? Do you love to work with young children? Do you have good communication skills? Do you want to move on and open your own business and be your own boss in a beautiful community? If your answer to all of the above is yes, then I have a great opportunity for you.
Gymlingo Academy is located in Oconomowoc, Wisconsin. Its population is over 20,000 if you include city, town and village of Oconomowoc. It is about 30 miles west of Wisconsin’s largest city of Milwaukee, and 40 mile east of the capital city of Madison. 20 miles west of Oconomowoc, there is a city called Watertown, population about 30,000. There is no gym in this city. Because of its’ beautiful suburb status, Oconomowoc’s population has grown about 20% in the last 10 years. Oconomowoc is a beautiful place to live with 5 lakes. It has great schools and a very low crime rate. The average family income is over $100,000.
Gymlingo was established in the summer of 2006. After over 18 years in business, our annual revenue is about $185,000 and net income over $110,000 by a husband-and-wife team with no staff. The reason we are selling our business is that we have reached retirement age. We want to move on and enjoy our retirement.
The selling price of our business is $190,000, which is industry standard based on annual revenue. You get a well-established gym with equipment valued at over $100,000 and current student enrollment, plus open gyms and weekend very popular birthday parties. You skip what we went through, starting from scratch in a brand-new community with 10 students. If you are a great coach with great communication skills, you could double our business very quickly. After selling the business, we will stay involved for a short while without pay to make sure that you have a smooth transition.
Our gym is not big compared with most other gyms, with over 6000 square ft total gym space. But as soon as you are about to outgrow the gym, you are welcome to find a bigger space or build your own gym. We have an empty lot available across the street.
If you want to know more about beautiful Oconomowoc, please check out Oconomowoc’s city website: https://www.oconomowoc-wi.gov/
BUSINESS LOCATION
