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Thursday, July 24, 2014

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Gymnastics Facility

This is an excellent gymnastics facility with a stellar reputation in the community, current member of USAG (USA Gymnastics) as well as an Accredited BBB Business. They are conveniently located near both elementary and high schools, so that students can participate in before and after school programs. Over 9,000 square feet building that allow for a variety of programs including boy’s gymnastics, girl’s gymnastics and some team gymnastics classes for students of all ages as well as starting a part time preschool for additional revenues. New owner could increase utilization by adding programs such as yoga, aerobics, dance, karate and or recreational cheering. Current owner working between 20 - 50 hrs/week (depending on time of year and staff) still earns $40,000 SDE on average before personal debt service. Turn key business and website that allows for cost effective promotion of different programs, special events and promotions. Opportunity for increased profit if owner/operator replaced more part time staff, and teaches more classes. Price recently reduced, by motivated seller who is willing to hold paper for qualified buyer, to deal with family issues.

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