Profitable Crossfit Gym For Sale

www.GlobalBX.com

Listing ID: 700243998

Listing Title: Profitable Crossfit Gym For Sale

Quick Link: http://www.globalbx.com/listing.asp?bId=243998

Industry: Health and Medical

Industry Segment: Health Clubs and Spas

Country: United States

State / Province: California

Area Southern California - All Southern California

City: South Riverside County

Asking Price Range: $250K - $500K

Gross Revenues: $247,100

Cash Flow: $140,400

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2007

Number of Employees: 1 - 3

Business Description:
***IN CONTRACT*** Profitable Crossfit Gym in South Riverside County with strong recurring revenue and a thriving community. This gym is the original CrossFit affiliate in its geography, having been affiliated since 2007. Since its founding, the gym has continued to expand, not only in the physical size of the gym and expansion in numbers of passionate members, but the knowledge and expertise of the training staff as well as the overall vibrancy of the community. Key Benefits Include: - Recurring subscription revenue model with 225+ active paying members - Service based business with minimal capital expenditure requirements and low fixed costs - Strong community of 300+ which effectively helps reduce customer acquisition cost and reduce customer churn - Gym offers wide variety of specialized fitness programs catering to broad range of age groups and demographics - Additional income being generated from subleasing excess square footage to complementary fitness programs - The Company has expanded multiple times to accommodate increasing demand and currently leases 8,563 square feet for $5,823 per month ($0.68/square foot).



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