- State: Florida
- Country: United States
- Listed: May 20, 2019 6:22 am
- Expires: 340 days, 12 hours
CrossFit is one of the hottest trends in fitness, and this 3 year old club is an amazing opportunity
to capitalize on that trend. Vibrant members, strong sales and cash flow, and add in a great
location near the coast make this the ideal place to live and own a business.Asking Price: $250,000
Annual Sales: $250,000
Cash Flow: $75,000 annually
Business Location: Great location, near the gulf coast
Business State: FL
Active Members: 140
Average Dues: $133/mo
Facility Sq Feet: 5,500
Year Established: 2016
Employees: 2 PT coaches, 1 PT assistant
Seller Financing Available: Negotiable
About the Competition: The gym is the only CrossFit Community Box in the area, which
means that it benefits from several vacationers each month to this Florida city.
Growth Expansion: The gym currently has a <5% attrition rate which is below the
national average of 10%. The gym organically adds an average of 10 members per month
which leads to a 3% growth without any advertising or promotions needed.
Support Training: Current owner will assist with transition
Reason For Selling: Relocating out of the state
For more information, please complete the Buyer Profile questions and type in your name as an electronic signature for the Confidentiality Agreement. Then click submit. Someone will get right back with you.
A Recommendation of Jim Thomas, President of Fitness Management and Consulting
by Norm Cates, Club Insider Publisher and Tribal Leader Since 1993
Jim Thomas is a talented, experienced, dedicated, determined, and very professional expert in the health, racquet and sportsclub industry. A club industry veteran of over 30 years, Jim has been a Club Insider Contributing Author since March of 2006, when he joined our Club Insider Contributing Author Team. During that time Jim has written and contributed 50 articles which have been published during our 284 months of Club Insider publishing. Jim Thomas is a truly great asset to our publication, and to our wonderful industry, and he can be trusted to deliver great results, over and over, no matter what the challenge.
When is it Time to Sell Your Health Club or Gym?
Many factors will tell you when it is time:
- Owner’s “burn out” Owner’s or key employee’s health problems
- Business relocation or rerouting of expressways
- Lease expires and you do not want to renew for another term
- Changing technology Get estate in order
- Not interested in investing long-term capital
- Children do not want to enter family business
- Largest accounts in financial difficulty
- Bank unwilling to renew credit lines
- Supplier problems
- Staff problems
- Customer’s habits changing
- Seeks retirement
- Wants to cash out and go fishing
Whatever the reason, you will need to plan an orderly transition to new ownership with less involvement on your part.
For more info, please call us at 214-629-7223.