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- RE: Established Gym -Perfect For Owner Operator
- Contact: Rose Willis
Quick Facts
Asking Price: | $150,000 | |
Annual Revenue: | $511,773 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $155,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $83,050 | |
Real Estate: | Not Disclosed | |
Year Established: | 2015 | |
Employees: | 13 | |
BBN Listing #: | 954408 | |
Broker Reference #: | 21997-126504 |
Business Overview:
Strong Social Media, five star reviews, established systems and clientele, built-in team, and cash flowing.
*Weight Loss
*Injury Rehab
*Body Fat Reduction
*Muscle Toning
*Sports Specific Training
*Senior Citizen Training
*Gym Memberships
*Group Fitness Classes
*Massage Therapy
*Nutritional Assistance & Planning and much more.
Established in 2015, the seller, a former corporate gym personal trainer with eight years of experience, launched his own gym to apply his insights and professionalism in helping clients achieve their goals.
Initially starting in a small studio, he quickly outgrew the space due to high demand. He then expanded the gym, offering group fitness classes and employing over 10 trainers, leading to significant success.
Potential Growth
Diversified Class Offerings: Introduce new fitness classes (e.g., yoga, Pilates, HIIT, cycling) to attract different demographics and keep current members engaged.
Personal Training Packages: Expand personal training services by offering specialized packages (e.g., weight loss, muscle building) or small group training sessions.
Membership Tiers: Create tiered membership options with varying levels of access, benefits, and pricing to cater to different budgets and needs.
Nutrition and Wellness Programs: Implement nutrition coaching and wellness programs to provide a holistic approach to health and fitness.
Corporate Partnerships: Partner with local businesses to offer corporate wellness programs or discounted memberships for employees.
Online and Hybrid Classes: Develop a virtual training platform to reach clients who prefer working out at home or in a hybrid format.
Community Events and Challenges: Organize fitness challenges, workshops, and community events to foster a sense of community and attract new members.
Merchandising: Sell branded gym merchandise, supplements, or fitness equipment to generate additional revenue.
Expanded Facility Services: Consider adding amenities like a juice bar, spa services, or child care to enhance the member experience.
Franchise Opportunities: Explore the potential for franchising the gym model to expand into new markets.
Competitive Overview
Biggest competitors are EOS Fitness, LA Fitness, and Planet Fitness
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Property Features and Assets:
Monthly Rent: $2,390.00
Square Units (Foot, Meter): 1,600
Lease Expiration Date: February 24, 2026, 12:00:00 AM
Market Competition and Expansion:
Competition:Â
Biggest competitors are EOS Fitness, LA Fitness, and Planet Fitness
Expansion:Â
Diversified Class Offerings: Introduce new fitness classes (e.g., yoga, Pilates, HIIT, cycling) to attract different demographics and keep current members engaged.
Personal Training Packages: Expand personal training services by offering specialized packages (e.g., weight loss, muscle building) or small group training sessions.
Membership Tiers: Create tiered membership options with varying levels of access, benefits, and pricing to cater to different budgets and needs.
Nutrition and Wellness Programs: Implement nutrition coaching and wellness programs to provide a holistic approach to health and fitness.
Corporate Partnerships: Partner with local businesses to offer corporate wellness programs or discounted memberships for employees.
Online and Hybrid Classes: Develop a virtual training platform to reach clients who prefer working out at home or in a hybrid format.
Community Events and Challenges: Organize fitness challenges, workshops, and community events to foster a sense of community and attract new members.
Merchandising: Sell branded gym merchandise, supplements, or fitness equipment to generate additional revenue.
Expanded Facility Services: Consider adding amenities like a juice bar, spa services, or child care to enhance the member experience.
Franchise Opportunities: Explore the potential for franchising the gym model to expand into new markets.
Reason for Selling:
Other InterestsAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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