||GYM/ FITNESS ONLY
||GROSS REVENUE $3 MILLION +/-
EBITDA $740,000 for 2016 with
||Rare opportunity! Monthly EFT draft is $315,000. Solid contracts with low number of paid-in-full. No deferred maintenance, broken equipment or building repairs needed. Locations are all high end retail with heavy traffic, excellent parking and visibility. The company has a very SOLID branding and can continue to expand with current management structure. Projections for 2017 indicate continued growth with current clubs opened.
||This club company is a perfect scalable platform in current markets with tremendous growth. The greater metro population is about 1 million.
|Lease or Real Estate:
||All locations are leasehold. Two additional locations currently being negotiated for anchor tenant space in major shopping centers.
|Adj. Net Profit/
|$740,000 (Buyer's obligation to review all information with independent CPA firm. All information available for an internal audit.)