Commercial Fitness Equipment Business

Retail & Refurbishment

MLS #883-90293

88390293 Fitness Equipment Co for Sale

LISTING DETAILS

PRICE:  $ 2,250,000 *
REVENUE:  $ 2,227,300
CASH FLOW:  $ 819,903
EBITDA:  $ 739,903

Confidentiality is essential. Completion of Non-Disclosure Agreement and Buyer’s Worksheet are required for more detailed information.
To receive confidential business information about this great business, you must fill out the form at the link below.
Please enter MLS: #883-90293
Business Description:  Fitness Equipment – Retail-Refurbishment

***IMPORTANT:  You will receive an email confirmation from RIGHT SIGNATURE after you submit the signed document. You must respond to this email in order for the signed form to show up in our system. 

 Call Brian with any questions at 833-Buy-Biz1 (833-289-2491) or email us at Biz@BuyBizUSA.com to request details.
Thanks!

Business Overview

Fitness Equipment Business – Retail & Refurbishment

One of the largest in the United States

The financial figures shown here were extracted for the Seller’s 2020 financials.

This business has been lender pre-qualified.

Own this fantastic industry leader in fitness equipment sales, service, and installation in the Southeast. Two giant warehouses. Amazing!

They carry new showroom demos and Certified Pre-Owned (COMPLETELY REFURBISHED); cleaned & serviced (GENTLY USED) commercial grade gym equipment. They offer exercise weights and treadmills, new athletic equipment, workout machines of every make and model. Inventory to be added to the price. Inventory is extra,

Price includes $500K in inventory, comprised chiefly of fitness equipment. Currently, there is approximately $2MM in inventory in warehouses, and the Seller will consider financing the rest of the inventory.

Property Features & Assets

Excellent facilities with 150,000 cubic feet of storage and comes with $50,000 in asking price. Note that there is often around $2,000,000 in inventory which Seller will work you on over time.

Market Competition & Expansion

Seller believes that there is lots of opportunity to grow revenues. There are very few of these companies this size around the nation. According to the Business Reference Guide, there are over 113 thousand fitness centers and more are opening up all the time. We expect a lot of upcoming opportunities.

Growth and Expansion Pros/Cons

This company sells new and used equipment. They provide maintenance and service on a wide range of products. Sales were strong in 2020 as the business capitalized on the residential market. They have since captured a strong footing in the residential market. This company has been and continues to remain, very strong in the commercial market, selling to fitness centers.

They also design spaces, deliver, install and service fitness equipment for:

  • Commercial centers
  • Homeowners
  • Personal Training Studios
  • Just about anywhere that has fitness equipment!

Sells a lot of equipment in an up economy, but also can refurbish a lot of equipment in a down economy.

Support/Training

Includes transitional training.

Reason for Selling

Owner’s Health