Please ensure Javascript is enabled for purposes of website accessibility Profitable Athletic Club in Perfect Location | Mark Foege | Transworld Business Advisors

Profitable Athletic Club in Perfect Location

Listing Number: 5182-921264

Description

Take advantage of the opportunity to own a fast growing, recurring revenue business while also getting the satisfaction of helping people create a healthier lifestyle. This very profitable health management and athletic club is perfect for an active owner, manager, a semi-absentee investor, or a strategic buyer who can take advantage of industry best practices. Located in a central location of a suburb to a large Tennessee metropolitan area, the athletic club has been a fixture of its community for over 40 years. Since the current owner bought the business just over two years ago, membership has grown at a CAGR of 53% with plenty more capacity for continued growth with minimal additional investment. The business is producing pro forma EBITDA of over $150k annually and over 90% of the revenue is recurring, contracted membership revenue. Real Estate is included in the listing price and a BOV was completed in April 2021 valuing the property at $1.2 Million.

Listing Details

  • Price: $1,795,000
  • Down Payment: --
  • Sellers Discretionary Earnings: $149,059
  • Total Sales: $697,646
  • Location: Blount County, Tennessee

  • Inventory: $0
  • FF&E: $0
  • Employees:
  • Reason for Selling: The Seller has existing, larger business interests and is seeking to sell this business in order to focus time and effort elsewhere.
  • Category: Fitness
Profitable Athletic Club in Perfect Location

Contact Agent:

Mark Foege
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