RECREATION: Fitness Center - #8523
Location: Texas > Midland County > Midland
Industry: Entertainment and Leisure > Other Entertainment and Leisure
Financials
Asking Price: $184,000
Gross Revenue: $277,664
Cash Flow: $100,360
Inventory: $3,500 (Included in Asking Price)
FF&E: $160,223 (Included in Asking Price)
Seller Financing: No
Business Summary
RECREATION: Fitness Center: Next Level Fitness and Sports Training in Midland, Texas has been the leader in sports & speed training in this sports crazed area since May, 2003. The business is a licensed, Athletic Republic franchise which is the world leader in sports performance training with over 150 locations worldwide. The FAST (Frappier Acceleration Speed Training Program) protocols are used with patented super treadmills, strength equipment, plyometric platforms & cords to make any athlete faster, stronger & more explosive. Next Level also has an adult fitness area where Mom's & Dad's can exercise too. The gym is full of strength training & cardiovascular equipment for the capacity to handle 300 members and do over $100k in membership dues & personal training sessions. Great opportunity to take over a rapidly growing business that helps young athletes excel. 9,000 square foot indoor training facility includes athlete training area and fitness training area. Plus12,000 square foot outdoor area with 40 yard turf track & sand volleyball court. All this for only $2000 per month rent! Website: www.athleticrepublic.com Current owner nets over $100,000.
About the Business
Year Established: 2003
Employees: 1 full time - 2 part time
Franchise: Yes
Facilities: Lease Amount: $1,500 per month
About the Sale
Management Training and Support: Seller will provide complete training for new owner
Reason For Selling: Relocation
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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