Gymnastics, Cheerleading And Adult Work Out Center
Location Texas,United States
Asking Price Range $500K - $1.0M
Gross Revenues $275000
Net Profit / Cash Flow $125000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1995
Number of Employees 10 - 19
Inventory Included in asking price.
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training Yes.
Reason for Sale Retire.
Description 12,000 square foot gymnastics, cheerleading and 24 hour adult work out center for sale, with real estate. 1.98 acres on corner of major interstate and major highway with lots of commercial frontage. Prime location. Established business for 14 years. Annual sales between $250,000 to $300,000. Full work out facility that includes cardio equipment, selectricized and free weights. Approximately 300 members. 24 hour security system in place. Aerobic room. Upstairs balcony with cardio machines overlooking entire work out area. Gymnastics, cheerleading and tumbling area has approximately 250 students. Member of USGA. Full girls and boys gymnastics program offered. 50' X 54' spring loaded floor with inground pit, trampoline, 3 regulation size balance beam and one regulation vaulting table. High bar, rings, two sets of uneven bars, parallel bars. horse, mats, barrels and much more. Balcony to overlook gymnastics area with concession stand. Two offices, one office includes shop to sell retail, 4 bathrooms, one with shower. Asking $625,000 firm which includes real estate. Will owner finance with 15% down or will consider lease option to buy. Located in small town one and half hours outside Houston. Owner wants to retire.
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