ADD FREE LISTING

Multi-location Independent Retailer of Commercial and High End Residential Fitness Equipment and Service

North Carolina, USA
GET FINANCING
Businesses For Sale | Other Medical, Health Care, & Fitness Businesses For Sale

Listing ID : 429883

Posted on May 18, 2024 View Count 4

Price :
$3,500,000
Business Financials & Assets :
Gross Revenue:
$7,456,399
EBITDA:
$613,263
Year Established:
1991
Inventory Included:
No
Description of Inventory Included:
Inventory will be sold at landed cost.
Outstanding Liabilities & Debts:
No
Property Details :
Business Details :
Number of Employees:
18
Absentee Owner:
No
Business Can Be Moved:
No
Real Estate:
Leased
Rent:
$25,200
Building Size:
15,412 Sq. Ft.
Competition:
Just as any business, this business has online and brick and mortar based competitors. The business has successfully differentiated itself by providing cradle to grave sales, service and support of the most respected brands, providing competitive prices and convenient locations.
Growth and Expansion Opportunities:
A new owner could choose adjacent markets to open additional brick and mortar retail locations. New product lines could be added. A more formal sales team could be established to replace current owners' roles and responsibilities.
Terms :
NDA Required:
Yes
Broker Co-Op:
No
Financing:
Sellers may provide a component of seller financing based on buyer qualifications and overall terms.
Support & Training Offered:
Additional transition support can be negotiated.
Reason for Selling:
True retirement of one owner.
Equipment Specifications :
Company Overview :
Franchise Overview :
Description :

This multi-location independent retailer of commercial and high-end residential fitness equipment is a full-service retailer and service provider of everything from indoor and outdoor gym design to delivery, installation, service, preventative maintenance and relocation services.

Products include a wide range of traditional and connected equipment as well as flooring and the company has exclusive sales rights for many of the products it sells in their geographic markets. The business also retails products for the cue sports, and similar gaming table activities.

The business offers its clients consumer financing and commercial leasing through third party lenders. The staff consists of industry veterans with over 1/3 of current employees having 10+ years of industry specific experience in sales, service, and operations.

The owners are currently building an e-commerce website to facilitate online sales in additional markets.

This business has a decades-long reputation for selling and servicing commercial and high-end residential fitness products. Recently, the owners have further streamlined operations to maximize profitability.

Passive Mobile Pet Grooming Franchise Re-Sale! Turn Key & Operating! 50% Seller Financing Avaliable!
Passive Mobile Pet Grooming Franchise Re-Sale! Turn Key & Operating! 50% Seller Financing Avaliable!

3500 Scotts Lane, Philadelphia, PA, USA

Pet Services Franchises

Create an account

Connect me with a Buyer’s Agent/ Broker.

I Agree to BizTrader’s Terms and Conditions and Privacy Policy

You must log in or sign up to use this feature. Please refresh this page if you have already logged in and this feature is not working. For technical assistance please contact us at: 866-742-0776
You must log in or sign up to use this feature. Please refresh this page if you have already logged in and this feature is not working. For technical assistance please contact us at: 866-742-0776

Contact Listing Owner

All Listings
ENLIGN Advisors
License:288522

Search

Hemp Only Listings

Listings You May Also Like

HVAC – Tampa Bay Area – Real Estate Available

Tampa, Florida, USA

Cash Flow: $514,483

HVAC business providing air conditioning maintenance, repair, and changeout services for both residential and commercial customers in the Tampa Bay Ar

HVAC Businesses

Jars Ann Arbor – Turnkey Provisioning Center

450 South Main Street, Ann Arbor, MI, USA

Turnkey Adult-Use Provisioning Center available for sale Real Estate not included. Offering an Adult-Use Retail License and Leasehold Rights, with the

Other Retail Businesses

Highly Profitable Pool Business with Real Estate

Nashville, TN, USA

Cash Flow: $1,406,949

Every so often an entrepreneur creates a truly special local business, and this is one of them. Located in a popular suburb just outside Nashville, th

Pool Service Routes

Galveston Texas ONLY ADULT Club on Galveston Island Topless/Pasty not Nude Gentlemen’s Club Exotic Dancers

2020 Mechanic Street, Galveston, TX, USA

**Business Name**: Wispers**Location**: 2020 Mechanics Street, Galveston, TX 77550**Type of Business**: Adult Use Club (Pasty)This is an exceptional o

Strip Clubs