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Martial Arts Fitness Gym For Sale in Baton Rouge Louisiana
Duran Advisors presents this profitable, independent fitness gym for sale in Baton Rouge, Louisiana. The gym benefits from being the only one in the Baton Rouge area of it's kind. The gym has a high-leveled and well-trained staff that would like to remain with the business. Additionally, the owner is agreeable to staying indefinitely for an hourly wage or a per class wage to continue teaching his classes. The owner is selling because he has another very successful business that demands more of his time. He still has a passion for teaching and therefore is willing to stay on to help a new owner.
The current owner has developed an entire branding package with complete plans to expand the gym that he will give to the new owner. A 35-page confidential business document is available with full business details. This business has been pre-approved for bank financing by an SBA lender. A Matterport 3D virtual reality tour is also available to disclosed buyers.
Come visit the gym, experience the unique business model, and meet the owner!
For more information, please contact the listing broker, Joel Duran, at (504) 313-1038.
Listed By: Joel Duran, CM&AA, CM&AP, CEPA, CAIM, CMSBB
Background information
Reference:
NOLA-0026
Year established:
2016
Reason selling:
Other Interest
Finance
Sales:
$285,000
Profits:
$73,000
Profit type:
Discretionary Earnings
Operations
Employees:
Full-time: 3 Part-time: 9
FF&E:
$35,700
Inventory:
~$2,000
Premises
Square footage:
~5,000 sq. ft.
Rent and lease terms:
The rent is $5,000 with a $5,000 security deposit. The current lease is set to expire in April 2025. There is an option to renew another 7 year term.
Price and terms
Listed Price:
$67,000
Financing:
The owner will consider financing on a case-by-case basis.
Training:
The standard training is two weeks, however; the owner will stay indefinitely to teach his specialty fitness classes for an hourly wage by the new owner.