Seeking equity partner for $2.4 million gym platform

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December 15, 2025

by a searcher in Manville, Lincoln, RI 02838, USA

Hey, all! My firm currently has under LOI 2 longstanding independent non-franchise gym chains with 16 locations throughout Illinois and Iowa that generates nearly $2.5 million EBITDA and around $8.3 million in revenue. My firm is expecting to make a sponsor contribution of $1.2 million and we're seeking a co-investor for $1.2 to $1.8 million in equity. We anticipate an IRR Of 22.1% and a MOIC of 3.3x over a 5 year holding period. Open to negotiating on terms. Alternatively, we'd be also open to working with any funds on a one-stop shop basis. Feel free to DM, email at redacted or call at###-###-#### to discuss. Happy to send over our pitch package.
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Reply by a searcher
from Creighton University in Omaha, NE, USA
What part of the country is this in? (Assuming RI, but perhaps not?)
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Reply by a professional
in Negros Occidental, Philippines
You could reach out and pitch this to the Sleyster Family Office and see if they could be interested in investing in this deal: https://searcherinsights.com/network/investors/sleyster-family-office/
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