SOLD - Sports Training Center – YOY Growth, Recurring Revenues, 13 Year History

Connecticut - Greenwich LISTING #: 17488

This unique business provides individualized sport-specific training programs and state-of-the-art proprietary equipment that gives real athletes a competitive advantage at every level. Founded in 2004, this turnkey business has established a loyal customer following with 80% of revenues coming from recurring monthly membership subscriptions and the business continues to thrive in 2017 with 3 years of consecutive YOY net income growth.

With $875k in FF&E included in the asking price, this business represents an outstanding value that’s essentially selling for less than 1x earnings with the included FF&E factored in. This turnkey operation would be a perfect fit for anyone with general management experience and their attractive business model allows for a seamless transition since all current employees are willing to continue working for the business after the sale is finalized.

This business is the definition of a turnkey operation and with a proven track record of strong cash flows that spans over a decade, $875k in FF&E included in the price and a highly valuable base of recurring membership subscription revenues, this high quality acquisition opportunity offers a highly predictable overall return on investment.

$1,508,674
$262,821
$
2004
Yes
12 FT 8 PT
   $875,000

Sal Clark
Sal@LighthouseBusinessBrokers.com

Office: LBB Connecticut
Phone: 203-868-0797

   Property Leased: Yes
   Monthly Rent: $22,500
   FF&E Included: $875,000
   Real Estate Included: No
   Building Size: 20000 sq ft
   Hours of Operation: Monday - Sunday
   Franchise: No
   Reason for Selling: Focusing on new venture

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