Delray Beach, FL
$225,000
Delray Beach, FL
$225,000
Pinellas County, FL
$300,000
Jacksonville, FL
$30,000
Weston, FL
$395,000
Miami Beach, FL
$120,000
Broward County, FL
$200,000
Sarasota, FL
$400,000
Volusia County, FL
$149,900
Brevard County, FL
$50,000
Palm Beach County, FL
$259,000
Available in Florida
$400,000
Port Charlotte, FL
$80,000
Manatee County, FL
$449,000
$40,000
Lake Worth, FL
Lee County, FL
$199,900
Walton County, FL
$2,200,000
Andy Rumph
The Decain Group
Serving Lake County, FL
The Decain Group works with buyers and sellers exclusively in the Death Care Industry. We work with sellers on succession plans, getting their business ready to sell, marketing their firm and helping to negotiate with qualified buyers. We do the heavy lifting so that sellers can focus on the day to day operations of the business. For buyers, we work hand in hand to get them qualified by matching with preferred lenders. The Decain Group will seek out potential funeral homes that are of interest and work with the sellers to put a deal together. The broker for The Decain Group is a licensed funeral director and former owner of several businesses within the death care space giving us unique knowledge in the industry.
Hillsborough County, FL
$345,000
Ocoee, FL
$540,000
Florida
$2,500,000
Pinellas County, FL
$199,000
Pinellas County, FL
$79,000
Available Nationwide
$100,000
Orange County, FL
$25,000
Broward County, FL
$210,000
$1,300,000
Pensacola, FL
Palm Beach County, FL
$40,000
Lakeland, FL
$199,000
Tampa, FL
$99,000
Lakeland, FL
$150,000
Miami-Dade County, FL
$119,000
Broward County, FL
$97,000
Seminole, FL
$79,000
Available in Florida
$75,000
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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