Chain of Fitness Centers

Chain of Fitness Centers

Fast Growing with 6,000 Members

Description: http://imavex.vo.llnwd.net/o18/clients/fixedfee/images/medical.jpgIndianapois
Listing Number:
 2368

Financial Information

Asking Price: $845,000 
Real Estate: Leased
Gross Revenues: $1,000,000
Cash Flow: $250,000

Business Description

This is a rare opportunity to acquire a successful chain of fitness centers in Indiana. These full service centers have a long history of profitability and growth. The first-class facilities offer something for all ages including 24 hour access, group classes, multi-club access, and more. The equipment is well maintained and regularly updated. Membership continues to grow year over year with the expectation to add over 1,000 members this year. Revenue is on pace to grow 25% in 2015. This business could be operated semi-absentee as a management team is in place. Revenue is projected to be $1,300,000 in 2015.

General Information

Facilities: The business has multiple facilities across Northern Indiana. The seller owns a few of the facilities and leases the rest. A buyer can choose to purchase the seller owned locations or lease all of the them. .

Growth & Expansion: The business has a history of opening new centers in the area. The recipe for growth can be followed to grow further.

Employees: 8

Financing: The seller will consider financing a portion of the selling price to a qualified buyer.

Support & Training: The seller will provide necessary support and training

Reason Selling: Relocation of Seller

Contact Information


Contact:
 Troy Frank
Phone: 317-333-6655 x 101

 

Indiana Equity Brokers
5750 Castle Creek Parkway, Suite 275, Indianapolis, IN 46250
Tel: 317-333-6655     Fax: 317-333-6654
info@indianaequitybrokers.com

 

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