Profitable Workout Facility

Atlanta, GA

Seller Financing Available

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Asking Price:$200,000
Gross Revenue:$565,000
EBITDA:$84,000
Established Year:2012
Cash Flow:$84,000
Rent:$14,500/Month
FF&E:$150,000
BUSINESS DESCRIPTION

This 12 year old, award winning gym is a true turnkey opportunity. There are two fully trained managers and six trainers who are all 1099 employees. The company hosts group fitness classes, personal training and sports performance training using state of the art equipment that is included in the sale. It is located in one of the fastest growing communities on the north side of Atlanta with an excellent reputation.


DETAILED INFORMATION
Location
Atlanta, GA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
10,332
Employees
8
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This 10,000+/- square foot facility is the perfect space for this business. It is within sight of one of the busiest roads in the state in a rapidly growing community with an upwardly mobile population. The business is fully stocked with a variety of free weight and some of the best equipment in the business. This equipment includes Cybex, Body Master, Hammer Strength, etc... There is also a turf area set up for sport specific training. There is plenty of parking for the business which is surrounded by new residential and commercial construction.
Competition
Regular
Growth & Expansion
The current owner has other businesses. This business would benefit greatly from full-time owner/operator.
Financing
For a credit worthy buyer the seller may consider financing a portion of the purchase
Support & Training
All that is necessary for a smooth transition.
Reason for Selling
Other business interest.
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Jay
Snypp
Preferred Business Brokers, Inc.
Jay Snypp