Rock Climbing Gym in Collin County

Price: $625,000

Location: Dallas Metro Area

Industry: Gyms and Fitness Centers

Listing ID: 42060364

Listing Status: New

Description

Exercise is all about engaging your muscles—from your heart to your biceps and quads—and asking those muscles to perform work. And when it comes to activating and training a diverse range of muscles, few exercises rival climbing. Since the turn of the millennium, climbing has undergone a growth spurt. In the United States, the number of climbing gyms has quadrupled since 2000. The pandemic brought a variety of challenges for climbers and climbing gyms, but the industry is rebounding strongly. According to the Climbing Business Journal's yearly trends report, 53 new climbing gyms opened in 2021, bringing the total to 591 gyms in the United States. Despite the pandemic, only 8 gyms closed in 2021, resulting in the highest-ever yearly net increase in gyms (45). The outlook for climbing gyms remains bright. Climbing competitions continue to gain popularity and legitimacy, and the 2020 Olympics provided a great deal of global exposure despite the pandemic. We are pleased to represent this successful, growing rock climbing gym in fast growing Collin County. Rock climbing is more than a sport, it's a community where strangers socialize and discuss their passion for the sport. A successful rock climbing gym is one that has a passionate staff who creates an inclusive environment, sets creative & challenging routes & provides supplemental programs, training, activities & accessories. This gym checks all the boxes for having a successful gym. The gym has recently been upgraded with new HVAC system, new lighting & mats totaling $200K. The upgrade should reduce operating expense for a new owner. To learn more about this exciting opportunity in this growth industry, please submit an NDA on this page or contact Jeff Goldblatt at [email protected]

LISTING DETAILS

Down Payment: $125,000

Total Sales: $593,076

Cash Flow: $127,348

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: $340,000

FFE Included: Yes

Inventory: N/A

Operation

Year Established: 2005

Non-Owner Payroll: N/A

Location

Real Estate: N/A

Monthly Rent: N/A

Summary

Reason For Sale:

Retirement & Relocation

Training & Support:

Seller will assist with transitional support

For more information on this listing, please complete our Non-Disclosure Agreement
LISTING OWNER