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Fitness Center and Gym Business

Off-Market

Memphis, TN

Fitness

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Revenue

$1,500,000

Earnings (SDE)

Not disclosed

Margin

Year Established

1980

Listed

30+ Days

About This Business

New and used fitness equipment

Customers

Mostly commercial but does residential as well

Customer Acquisition

$1,000/month on digital ads; attends a few trade shows.

Team

4, including the owner

Owner's Role

Works full-time in sales and operations.

Reason for Selling

He wants someone to come in and run the business while he manages sales.

Real Estate

No

When Are You Looking to Sell

6-12 months

Licenses Required

No

Additional Notes

I think growth is in service. $500K in inventory. Open to different deal structures. $60K owner’s salary.

Business ID: 863

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