Type of Business:- Health & Fitness Gym
History:- Well established; financially successful; updated equipment and premises.
Membership Growth:- grew by approx. 25 % + over last 16 months !
Growth implications:- Of course, those new members joined "during" the year so full membership fees not reflected in financial results to 31/3/16! "You might say" that profit growth is almost assured for the new current financial income year and "you might estimate or guess" at that possibly being closer to double that achieved from last year all things being equal ! (although seldom is that the case in real life and your accountant etc will be better able to do those estimates and projections for you! Indeed it is 'possible', dependent upon membership retention and growth rates this year that those estimates or guestimates could actually be exceeded! Only time, I guess, will tell!).
E.B.P.I.T.D:- Y/E 31/3/16 estimated at approx. $93,000! Asking Price:- $350,000
REALITY CHECK:- Whilst there may not be many businesses in the market place exhibiting such returns and with such growth potential nevertheless this business may not suit everyone for a variety of reasons from being able to manage such a growing business to being able to provide the requisite level of customer service to being able to finance such an acquisition etc. etc. - but the great thing is that given it is such a simple business in nature and given that most people know what a gym is and what it will possibly require to operate such a business, in terms of business acumen, enthusiasm and motivation, we expect please that the resulting enquiries be from genuinely interested and self-qualified parties only. Note;- Genuine Reasons for sale.
Please note for confidentiality purposes, this business has been listed under the RE/MAX PINNACLE Business office address. Further details on this businesses location will be provided on application
E-mail:- email@example.com or call 021-0859-1893 (but do it now!)