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Hampton Roads

  • Listing Number: 200-20969

    Category: Fitness

Asking Price $656,000
Gross Revenue $659,141
Total Adjusted Net Income $194,932
Equipment / Fixtures $40,000
Year Established 2015
General Location Hampton Roads
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This 7 year old gym grew in 2021 and is still growing in 2022!  The reason for the growth is because of a great team of full time employees that runs the day to day operations, good marketing systems, and give their clients a great experience.   The current owner is semi-absentee and has a general manager that runs the day to day operations.  There is also 5 other full-time employees that handle the workout sessions and the marketing.   This is a turnkey operation! 

Gross Revenue
$659,141
Listed Price
$656,000
Total Income
$194,932
Inventory
$500
Leasehold Improvements
15000
Equipment / Fixtures
$40,000
Full-Time Employees
6
Training Period
2 weeks
Special License Required
Crossfit License
Reason for Selling
Other business opportunities

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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