Highly Profitable Gymnastics Facility with More Growth Opportunities

Truckee, CA (Nevada County)

Truckee Gymnastics
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Asking Price: $275,000

Cash Flow: N/A

Gross Revenue: $400,000

EBITDA: N/A

FF&E: $0

Inventory: N/A

Real Estate: $2,150,000*

Established: 2004

*not included in asking price.

Highly Profitable Gymnastics Facility with More Growth Opportunities

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Business Description

Truckee Gymnastics is dedicated to gymnastics training, conditioning and early movement development. The facility is located in Truckee, California and is a fully equipped gymnasium providing classes for all ages. There are enrolled participants in parent/child classes, preschool, recreation classes, competitive team, private lessons, summer camps and clinics. The business has operated since 2004, by its present owners, with excellent staff and business systems in place. The business has a proven track record of profitability and growth over the years and demand for services continues to rise. Historically, the business has generated revenues in excess of $600,000 and was valued at $450,000. Due to the pandemic, the business experienced mandated closures during 2020 and part of 2021. With mandated closures now becoming less restrictive, the business revenues are quickly accelerating towards pre pandemic historical levels. The current pricing is based on these early 2021 revenues which makes this a very attractive price point. The owner is planning to retire. A long-term lease is available or an option to purchase the commercial building along with the business. The sale of the commercial building is only available to a buyer of the business. Lease terms will be available upon request. This is a great business opportunity!

Detailed Information

Location:
Truckee, CA
Real Estate:
Owned
Not included in asking price
Building SF:
6,500
Facilities:
The gymnastics business operates in approximately 3500 square feet. It is a multi tenant commercial building with one other tenant occupying the remaining 3000 square feet (approx). Full leasehold improvements were made by owners to accommodate the gymnastics facility. The tumbling floor includes a sprung floor. There is also an in ground trampoline. The facility is approved to host gymnastics meets.
Competition:
This is the only gymnastics facility in the local region.
Growth & Expansion:
Great demand for this business with growth opportunities.
Reason for Selling:
Owner is retiring
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Karen Norris

Business Listed By:
Karen Norris

Dickson Realty

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