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.
|12 FT 8 PT|
Office: LBB Connecticut
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
Reason for Selling: Focusing on new venture