Fitness & Recreation · lender intelligence

How to finance a My Gym in Florida

State:

Indiana (1)Minnesota (2)New Jersey (1)Texas (2)

The SBA 7(a) lenders funding the most My Gym deals in Florida, from public loan records — typical My Gym loan about $209K. A bank already funding the brand in your state knows it twice over.

Deal economics— what it takes to buy & finance My Gym in Florida

$200K

Typical loan

range $183K–$351K

$222K

Est. purchase price

≈ loan ÷ 90%

$29,722

Cash to close

$22,222 down + fees

$2,928/mo

Typical payment

~12.5% · 10yr

$40,406/yr

Cash flow to qualify

≈ payment × 1.15 DSCR

32 days

Typical time to fund

Lenders competing

more = leverage

7.58%

Avg rate on record

cap ~9.75%

Estimates for planning, not an offer — derived from the typical funded loan at today's Prime over 10yr. Not a credit decision.

Most active with My Gym in Florida

Ranked by funded My Gym loans in Florida. Tap a lender for its full record, or hit Get in touch for an introduction.

1.20 loans · $31M · Boca Raton, FLFull record →
2.16 loans · $13M · Dearborn, MIFull record →
3.318 loans · $229M · Osage Beach, MOFull record →

3+ funded My Gym in Florida deals

Real SBA 7(a) acquisitions from public records — see who got funded, for how much, and by which lender. Tap any deal for the full record.

Starlight Family Ventures LLC in Tampa, FL — $351K (2026) · DFCU Financial
Program
Preferred Lenders Program
Rate at approval
9.25% variable
Term
120 mo (10 yrs)
SBA guaranteed
$263K (75%)
Approved
3/6/2026
Loan status
Committed
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
3
Business age
Startup, Loan Funds will Open Business
Industry
Fitness and Recreational Sports Centers
Funded by DFCU Financial · Lender record →
Your business? Claim this record · Request removal
My Gym Sarasota in Sarasota, FL — $183K (2025) · First Bank of the Lake
Program
Preferred Lenders Program
Rate at approval
10.75% variable
Term
123 months
SBA guaranteed
$137K (75%)
Approval → funding
32 days
Approved
10/11/2024
First disbursed
11/12/2024
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
8
Business age
Startup, Loan Funds will Open Business
Industry
Fitness and Recreational Sports Centers
Funded by First Bank of the Lake · Lender record →
Your business? Claim this record · Request removal
ML Gym INC in Boynton Beach, FL — $200K (2023) · Paradise Bank
Program
Preferred Lenders Program
Rate at approval
2.75% variable
Term
120 mo (10 yrs)
SBA guaranteed
$150K (75%)
Approved
11/16/2022
Loan status
Cancelled
Loan type
Term loan
Collateral
Required
Business type
Corporation
Business age
New Business or 2 years or less
Industry
All Other Personal Services
Funded by Paradise Bank · Lender record →
Your business? Claim this record · Request removal

Buying a My Gym in Florida? Start with a lender that funds them here

We'll point you to the SBA lenders already financing this brand in your state — and help you make them compete on rate and speed.

Free · No documents · Usually same-day

Backed by data on 1,000+ SBA lenders and 300,000+ funded deals. Your details go only to lending partners you ask to be matched with — never sold to advertisers.

By submitting, I agree that CapBench may share my contact information with SBA lending partners and loan brokers (including partners who compensate CapBench), and that they and CapBench may contact me about financing by phone, email, and text — including via autodialed or prerecorded calls and messages — at the phone number and email I provide. Consent is not a condition of any purchase or service, and message and data rates may apply. CapBench is not a lender and makes no credit decision.

CapBench analysis of public SBA 7(a) lending records; ranked by funded My Gym loans with a Florida project address. Mega-bank call-center lenders excluded.

Agent summary

How to finance a My Gym purchase in Florida with an SBA 7(a) loan: the lenders that fund the brand here (from public records), with the real funded Florida deals. Paradise Bank funds the most here. CapBench is not a lender.

$209K typical My Gym loan
3 lenders active in Florida
3+ funded Florida deals
32 days typical to fund

Buyers buying a My Gym in Florida typically pre-qualify, then ask CapBench to introduce a lender already funding the brand here — free for buyers; agents submit a consented lead via the CapBench MCP.

Next steps

Pre-qualify this deal Talk to a loan broker All My Gym lenders

Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-24.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/lenders/franchise/my-gym/florida
API:: https://www.capbench.com/api/public/lenders?franchise=my-gym&state=FL
Methodology:: Sources & methodology

Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
Figures come from public records and CapBench methodology; verify before relying on them.