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Award Winning Gymnastics w/ Property


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 Email :   [email protected]  
USA Home Page :   www.sunbeltnetwork.com/naples-fl  

 



2018-10-15-artistic-gymnastics-womens-floor-01

Background information

Reference:

NAPFL001-N58

Year established:

2006

Reason selling:

Retire (Ask Broker for Detail)

Finance

Sales:

$342,084

Profits:

$83,168

Profit type:

Discretionary Earnings

Premises

Square footage:

7000

Rent and lease terms:

Ownership owns property. Is willing to lease or sell property

Opportunities

Growth:

 Improved Social Media Presence  Adding a strong marketing plan  Hiring a good sales rep  Community Engagement  Marketing Surrounding Schools  Ninja Warrior marketing

Market:

Competitive Advantage of Business:  Business is located in standalone building outside of any industrial parks  Business is located in the fastest growing area of SWFL  Classes are smaller than industry average to maintain coaching quality and mentorship  Owners added Ninja Warrior course to bring in more students  Property has to potential for expansion as ownership owns surrounding lots around business

Price and terms

Price:

$975,000

Down payment:

$975,000