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Upscale Personal Training and Fitness Business for Sale in Tampa Bay Area

Reference #: 41462312
Location: Tampa Bay Area
Price: $155,000
Amount Down: $100,000
Revenues: $155,957
Discretionary Earnings: $101,502
Total Assets: $195,000
Business Description:

This is a personal training and fitness business located in an upscale area of Tampa Bay. Revenues have grown and discretionary earnings reached $101,502. This is not the typical gym with thousands of members who pump iron, work out on machines, or attend aerobic classes whenever they want too. Members come to the gym by appointment during pre-scheduled sessions to train with the owner or one of his two independent contractor trainers. Approximately 90% of the revenues are generated from fitness training, while 10% are generated from message therapy. One of the independent contractor trainers is a certified message therapist. The gym is well-equipped with free-weights, strength training machines and cardio equipment. Included are treadmills, elliptical, reecumbent, upright cycle, leg curl, leg press, leg extension, crossover cable, cable row, lat pull down, chin/dip station, multi-hip station, crunch machines, Smith machine, adjustable benches, T-bar row and seated calf raise machines. Free weights go up to 150 lbs., and plates go up to 45lbs. along with a complete set of bars and dumbbell racks. The owner estimates the equipment value at $150,000. The set of Globe dumbbells are owned personally by the seller and are not included in the sale price. In addition, leasehold improvements are estimated at $45,000. Priced to sell! The owner is willing to finance $55,000 of the purchase price. This is a great opportunity for the right qualified buyer who wants to maximize their investment dollars in a successful small business entity.


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The information above has been provided by the seller and/or the seller's financial advisors and has not been verified by this independently owned office, its representative, or VR. This independently owned office, its representative, and VR make no warranty regarding the accuracy of this information and advises prospective buyers to conduct their own due diligence prior to purchasing any business.