High Profile Gymnastics Academy

Business
  • Listing# : 16702
  • Listed Price : $6,500,000
  • Total Sales : $1,988,884
  • SIC : 7991-01
  • Down Payment : $6,500,000
  • Status : Active
  • Discretionary Earnings : $523,128

Business Type :

Fitness / Fitness Gym

Business Description :

This well-established gymnastics academy is located in one of the fastest growing cities and in the heart of one of the largest sports complexes in the country. The acquisition opportunity comprises of two separate business entities – the gymnastics academy itself, and the separate entity holding the real estate.

This business has an initial focus on creating a strong recreational program focusing on the child, building good basics, and helping younger children with fine and gross motor skills through gymnastics. From early beginnings starting over 17 years ago, this academy has become a strong force in Texas, one of the most competitive states in the Nation for gymnastics. The focus is on family-oriented programs, along with high goals of building strong relationships with their clients which has helped the business grow to its present level.

It has and experienced coaching staff and an excellent physical facility. Enrollment is consistently over 900 students. The owners have a long history involving gymnastics coaching and involvement at various competitive levels. They have competitive programs in all 3 disciplines- Men & Women's Gymnastics as well as Tumbling and Trampoline.

Strengths include:
- Established Business Model and Clientele:
- Solid Demographics: The family and student demographics in the target radius includes over 30,000 youth in the target age range for a stable student/client population with opportunity for growth.
- Solid Real Estate Investment Opportunity: With real estate representing the majority of the purchase price, and a facility that is flexible for future use (with a grandfathered zoning and use classification), there is an inherent long term growth opportunity in the value of the real estate, separate and aside from the core business. Favorable Lender financing for Real Estate in conjunction with business acquisitions is an added bonus.
- Established and Stable Key Staff Members: Strong relationships with students/clients with tenure ranging from 5-15 years. The experienced and dedicated staff can balance the discipline of athletic coaching with the compassion required for working with children in various age groups.
- Very strong reputation in the community and at the competitive and National levels.


Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $4,900,000
    • Incl : Yes
    • Inventory $0
    • Incl :
    • Liabilities $0
    • Incl :
    • FF&E $278,410
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $0
    • Incl :
    • Total Assets $5,178,410
    • Incl : Yes

Lender Prequalified: No

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Fitness
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