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Health Care & FitnessFor Sale

Salem's Premier Wellness & Fitness Center - Established 34 Years

Salem, Maine

About This Business

This well-established health and fitness facility has been a cornerstone of Salem's wellness community since 1990, commanding a loyal membership base and generating consistent annual revenue of $645,122. The business operates with a lean, professional team of 24 employees and maintains a strong cash flow of $40,929 annually. The facility offers comprehensive services including state-of-the-art fitness equipment, group fitness classes, personal training, and wellness programs that cater to diverse demographics throughout the Salem area. With three decades of operational history, the business has developed robust systems, established vendor relationships, and built exceptional brand recognition. The current owner is seeking to transition to other business ventures and is offering this profitable, turnkey operation at an attractive asking price of $194,901, representing an exceptional value for an experienced health and fitness entrepreneur looking to acquire an immediately profitable business in a stable market.

Financial Details

Asking Price
$195,000
Cash Flow
$40,000
Gross Revenue
$645,000
EBITDA
$35,000
Inventory
N/A

Business Details

Established
1990
Employees
24
Real Estate
Included in Price
Reason for Selling
Moving to other ventures
Financing
Yes
Training
No

Deal Analysis

Estimated figures for analysis purposes only. Consult a financial advisor.

Price/SDE Multiple
4.9x
Price/Revenue
0.3x
DSCR
1.64
Cash on Cash ROI
-228.0%
Down Payment (SBA 10%)$19,500
Loan Amount$175,500
Monthly Payment$2,038/mo
Annual Debt Service$24,452
Owner Salary$60,000
Cash Flow After Debt + Salary$-44,452
Asking Price
$195,000
Cash Flow: $40,000

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