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  • RE:  Established Fitness Location In Cedar Valley-Iowa
  • Contact:  Amanda Kruse
Owner Financing is Available!
Owner Terms: $36,426.00 Interest: 5% Term Months: 24

Quick Facts

Asking Price: $66,426
Annual Revenue: $271,349
Net Profit: Not Disclosed
Cash Flow: $44,284
Total Debt: Not Disclosed
FF&E: $15,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 23
BBN Listing #: 988399
Broker Reference #: 17441-698233

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Business Overview:

If you are looking to get into business ownership with minimal cash down, this might be the right opportunity for you! It is not often that you can buy a business with this little upfront investment and quickly become your own boss. This is a turn-key business, currently in full operation, and ready for the next owner to step in with fresh energy and focus.

This is a long-established fitness center (a franchised location) with a unique opportunity to buy low. Put your focus and energy into creative marketing and sales outreach to reach your target audience, and then you can capitalize on the gains. The sales have trended down since 2021, but there is a solid foundation in place to handle future growth. It will take someone with commitment and willingness to focus on marketing efforts to get member numbers back up to pre-COVID levels.

The seller is looking for the right buyer, could it be you?

Are you someone who enjoys interacting with people throughout the day?
Do you have good organizational skills?
Are you a good communicator?
Do you have basic computer knowledge?
Are you familiar with the fitness industry?
Do you have sales or marketing experience?
If you answered no to any of the above questions, are you a quick learner, and are you teachable?

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Market Competition and Expansion:

Competition:

Loyal member base. Several members are also class instructors which allows them to keep a large pool of instructors, making it efficient to fill class schedule times.

Reason for Selling:

Retirement

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is a franchise resale opportunity

Relevant Links:

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