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Planet Fitness
Strip mall in residential area - Las Vegas, NV 89101
Anonymous Listing - Identity revealed only after mutual interest
$1,100,000
Asking Price
3.73x SDE Multiple
Annual Revenue
$1,250,000
SDE
$295,000
23.6% margin
Years Operating
5 years
Financial Details
Existing Debt
$150,000
Equipment Value
$650,000
Inventory Value
$8,000
Number of Employees
12
Business Description
Low-price, high-volume gym with 3,200 members. Strong member retention and growth.
Additional Information
Lease Terms
15 years remaining, $12,000/month
Reason for Selling
Expanding to open clubs in Arizona
Owner Financing Available
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