Turnkey, Highly Profitable Indoor Gym Business for Sale

Undisclosed Address, Massachusetts
Business Opportunity for Sale
Catylist Listing ID: 30286567
Property Subtypes: Entertainment and Leisure
Building Size (RSF): 22,000 SF
Sale Price: $799,000
Gross Revenue: $1,106,533 (Annual)
Cash Flow: $243,488 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Sale Terms: Includes all FF&E and Inventory
Last Updated: 10/16/2018

Overview / Comments

Great opportunity to own and operate a very profitable established indoor play business! The business caters to the whole family with open spaces for the adults to relax while the children play. The business maintains a very busy schedule for birthday parties. Their scheduling system and layout maximizes profit, as the main area of the gym can be open while hosting two birthday parties at the same time. This is a turnkey business with experienced management in place and new opportunities for growth.

Additional Details

Industry Segment: Other Entertainment and Leisure
Reason for Selling: Divestiture
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $175,000
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: The business is located near major highways and has ample parking. A long-term lease is in place for the 22,000 +/- Square Foot space.
Employee/Labor Description: Experienced management and staff in place
Mgmt/Training Support Description: Seller is willing to assist in support and training
Competition/Market Description: The business is well known and draws customers from many of the surrounding towns. The business is self-marketed, as the parties constantly provide exposure to new customers. There are other similar businesses in the area but none as large and successful as this one.
Growth/Expansion Opportunities: The existing location is extremely busy, and there is an opportunity to add prepared foods that would increase revenues and profits quickly. The Sellers own other successful locations in different areas of New England and plan to divest of those in about a year or so. The new owner could purchase these other locations in the future. Thus far, all gyms are successful and therefore, a new owner could open additional rooftops and/or develop into franchise.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,516 19,375 74,822
Median Age: 44.05 44.77 43.86
Households: 517 6,880 27,131
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