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For Sale: Coastal Fitness Chain - Absentee Run - Orange County Area

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Current Status: Active     Posting #: 243487     Last Refreshed: 6/14/18    
Contact: Ryan Clark At 310-652-8353  -  Also Email This Contact Below
Price:  $1,000,000     Down:  $1,000,000     Adjusted Net:  $418,152     Revenue:  $1,248,163    
Business Address:  None Given     City:  Newport Beach     Zip:  None Given    
Attributes:  Training & Support     Cooperation With Brokers?  Call
Orange County Area Coastal Fitness Chain - Absentee Run Business For Sale

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  Description About This Posting: Coastal Fitness Chain - Absentee Run
This multi-location coastal Orange County fitness chain has developed a successful recipe for delivering results to clients while simultaneously maximizing profitability. These locations are not merely gyms, but rather personal training oriented fitness centers that focus on private and semi-private coaching and training. Management as well as trainers, all of whom are employees, are anticipated to remain aboard. Customers typically have 6 10 month contracts, which provide the gym a great deal of stability in terms of revenues and client base. Management feels that unlike in many centers, here the clients are loyal to the business and not to any particular trainer.

The chain's efficient locations range in size from 2,700 square feet to 3,200 square feet and lease for $4,000 per month to $6,300 per month on secure leases until 2022 with options until 2027. All of the business's furniture, fixtures, equipment and goodwill will be included in the sale.

Competition certainly exists on several different levels in anything that is fitness related in Southern California. Orange County is no exception. With that said, this business has developed a highly profitable and highly sustainable business model that has allowed it to develop a highly dedicated, loyal following that results in higher than industry average profitability.

This business is nearly entirely absentee-operated. It could likely tremendously benefit from a full-time owner-operator who could tremendously add to each venue's existing success. Given that they have developed a business model that appears to work quite well, new owners can expand the operation to become a 5+ location regional chain within Orange County or beyond.

To get more information about this Coastal Fitness Chain - Absentee Run business for sale in Orange County Area please phone Ryan Clark (Broker) at 310-652-8353 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #243487 on BizBen.com. In addition to phoning Ryan Clark, make sure you email Ryan Clark above to get more info about this Coastal Fitness Chain - Absentee Run, to ask any questions or request an appointment to see this business for sale, franchise, or opportunity. Thank you.

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Peter Siegel, MBA - SBA Loans, Non SBA Financing Assistance

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