Status: Sold
Award Winning Gymnastics w/ Property - Listing #: NAPFL001-N58
| Category | : | Sports Related Biz | SIC | : | 7999 | |
| Detail | : | Sports Instruction | Price | : | 975,000 | |
| County | : | Lee | Down | : | 975,000 | |
| State/Prov | : | Florida | Adj Net | : | 83,168 | |
| Country | : | USA | Sales | : | 233,246 |
|
***Sellers Willing To Sell Property, Business can be liquidated by sellers*** ***Contact Broker Regarding 2019 Financials and Lease*** Gymnastics facility prides itself on having a winning tradition of gymnasts. Ownership has numerous state, regional and national award winning gymnasts in all skills levels ranging from 1-10. Facility has proven to be a top tier gymnastics facility in Southwest Florida. Training center offers gymnastics for all ages. Mommy and me, open gyms, competitive gymnastics, boys classes, Birthday parties, American Ninja Warrior Parties, Summer Camp as well as Holidays camps and Schools Out camp and Friday night open gyms. Members of USAG, NAWGJ, AAU. Facility recently added Ninja Warrior course within the last 12 months and has more room for expansion. |
| Reason for Sale | : | Retire |
| General Location | : | Southwest Florida |
| Organization Type | : | Corp 'C' Hours Owner Works: 40 |
| : | Years Established : 20 Years Owned: 20 Emp FT: 3 Emp PT: 1 Mgrs: 1 | |
| Non Compete | : | Miles: 250 Years: 5 Weeks Training: 4 Cost: 0 |
| Operating dys/hrs | : | M-F, 1pm-8pm |
| Skills/Licenses | : | Gymnastics Certification USAG preferred |
| Business | : | Is Relocatable: N Is Home Based: N Is a Franchise: N Is Lender P/Q: N May Qualify For Visa: Y |
| Data Source | Tax Return | Tax Return | Tax Return | ||
| Year (Cash Flow) | *2019 (N) | 2018 (N) | 2017 (N) | ||
| Gross Revenue | *233,246 | 342,084 | 384,058 | ||
| Cost of Goods | *7,474 | 13,495 | 17,310 | ||
| Gross Profit | *225,772 | 328,589 | 366,748 | ||
| Expenses | *207,556 | 285,684 | 304,531 | ||
| Net | *18,216 | 42,905 | 62,217 | ||
| Owner Salary | *15,470 | 21,354 | 31,110 | ||
| Benefits | *13,355 | 16,092 | 17,687 | ||
| Interest Expense | 0 | 0 | 0 | ||
| Depreciation | *1,046 | 2,817 | 645 | ||
| Other | 0 | 0 | 0 | ||
| Owner Benefit | *48,087 | 83,168 | 111,659 |
*CONTACT BROKER REGARDING 2019 FINANCIALS
| Accounts Rec | 233,246 | N* | Real Estate | 675,000 | Y |
| Inventory | 6,897 | Y* | ___________ | 0 | N* |
| F F & E | 65,935 | Y* | Total Assets | 747,832 | Y* |
| Leasehold | 15,000 | N* | *Included? |
| Lease/Month: 8,750 | Square Footage: 7,000 | Building Type: Warehouse |
| Terms & Options: Property Owned |
Ownership Owns Property |
Expiration Date: None |
| JASON A. BROOKS | Office | : | (239) 849-9334 | |
| ASSOCIATE | Agent Direct | : | ||
| SUNBELT BUSINESS BROKERS NAPLES & FT MYERS | Fax | : | (866) 985-8735 | |
| 3510 KRAFT ROAD | Cell | : | (239) 357-7073 |
| NAPLES, FLORIDA 34109 | : | jbrooks@sunbeltnetwork.com | ||
| USA | Home Page | : | www.sunbeltnetwork.com/naples-fl |