Broward County, FL
$200,000
Broward County, FL
$200,000
Sarasota, FL
$400,000
Volusia County, FL
$149,900
Brevard County, FL
$50,000
Port Charlotte, FL
$80,000
Manatee County, FL
$449,000
Lee County, FL
$199,900
Walton County, FL
$2,200,000
Hillsborough County, FL
$345,000
Ocoee, FL
$540,000
Available in Florida
$50,000
Florida
$2,500,000
Pinellas County, FL
$59,000
$1,300,000
Pensacola, FL
Pinellas County, FL
$79,000
Orange County, FL
$25,000
Jim Albertson
Green & Co. Business Brokers
Serving Sarasota County, FL
The Green & Co. Difference -We don't just list a business for sale and hope a buyer comes along. We actively search for buyers for all of our listings. -We pride ourselves on going above and beyond when communicating with our sellers. One of the biggest complaints that we hear from business owners who have previously listed with another company is that they were listed and never heard from their broker again. We ensure regular and open communication. -We have an extensive buyer database of buyers who are waiting for the right business to come on the market. -We do more than just confidentially market our listings on the popular consumer websites and our central MLS, we use the best marketing tools and methods in the industry. -Confidentiality is king, so we screen and pre-qualify every potential buyer. It is our goal to make the process of either buying a new business or selling your current business as smooth and efficient as possible. We know how important confidentiality is to our sellers and we treat it with the utmost importance. Creating a win-win outcome for all parties involved is what we believe makes or breaks a deal. We use our knowledge and experience in the business industry to your advantage. As a result, our clients always come first. We pride ourselves on being responsive, communicative and hard-working. We have a "whatever it takes" attitude, and that is truly how we approach each and every business transaction that we help with.
Broward County, FL
$210,000
Palm Beach County, FL
$40,000
Tampa, FL
$99,000
Lakeland, FL
$150,000
Miami-Dade County, FL
$119,000
Available in Florida
$60,000
Broward County, FL
$97,000
Seminole, FL
$79,000
Broward County, FL
$125,000
$10,000
The gym and fitness industry, a vital segment of the broader health market, is dedicated to promoting physical activity and healthy lifestyles. From traditional weightlifting gyms to boutique fitness studios offering specialized classes, this industry provides a variety of services aimed at improving physical fitness, mental well-being, and overall health.
If you are in the market to buy or sell a gym or fitness business in Florida, it’s important to get a handle on expected financial performance and valuation metrics in this space. To help provide context, we have aggregated and analyzed listings data from gyms and fitness centers for sale in Florida to surface average financial metrics and business valuation multiples. This can help provide a baseline for evaluating businesses in this market.
Market Overview
Number of Businesses Analyzed |
52 |
Median Asking Price |
$172,500 |
Median Reported Revenue |
$295,810 |
Median Reported Earnings |
$81,412 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
Florida Gym and Fitness Business Valuation Multiples
Range |
Revenue |
Earnings (SDE) |
Lower Quartile |
0.40 |
1.95 |
Median |
0.61 |
2.46 |
Upper Quartile |
0.86 |
2.93 |
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
Read the Report:
Gym & Fitness Center Business Valuation Benchmark Report
FAQs
How much does it cost to buy a gym or fitness business in Florida?
Prices range depending on size and sales volume, but the median asking price for a gym or fitness business in Florida is $172,500.
How much do gym or fitness business owners earn?
Fitness businesses vary in sales volume, but Florida owners report median annual sales of $295,810 and annual owner earnings of $81,412. These figures are based on businesses that have listed their annual revenue and seller's discretionary earnings.
How do I value a gym or fitness business?
Valuing a fitness business involves considering several factors, including annual revenue, profit, growth (or decline) trends, and historical stability. Brokers, business owners, and business buyers will typically rely on valuation multiples to gauge business value relative to similar businesses in the market. Revenue multiples in the Florida fitness industry typically range from 0.40 to 0.86, with the median at 0.61. Earnings multiples range from 1.95 to 2.93, with the median at 2.46. These values suggest the average gym or fitness business in Florida may sell for around 0.61 times its annual revenue, and 2.46 times its annual owner’s earnings.
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