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- RE: Franchise Gym - Great Location & Growth Potential
- Contact: Terry Watts
- License #: DRE#02191771
Quick Facts
Asking Price: | $89,000 | |
Annual Revenue: | $234,469 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2018 | |
Employees: | 6 | |
BBN Listing #: | 982467 | |
Broker Reference #: | 7005-18685 |
Business Overview:
Elevate your health and wellness at this group fitness facility, where they focus on helping you achieve your overall well-being goals. In addition to their dynamic, tailored workouts designed for all fitness levels, they offer high-quality supplements to support your journey. Enjoy a welcoming, clean environment in a convenient location that makes fitness accessible and enjoyable for everyone.
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Property Features and Assets:
The facility is a spacious 4,000 sq/ft stand-alone building, perfectly positioned at the corner of a bustling shopping center and a high-traffic intersection, offering excellent visibility and easy access. Built in 2007, the building features a modern layout with an open floor plan, allowing ample room for diverse fitness activities. Its prime location not only makes it convenient for clients, but also places it at the heart of a vibrant community, making it a go-to destination for those seeking health and wellness.
Market Competition and Expansion:
There is significant competition from other local gyms offering similar services. However, this gym differentiates itself by providing specialized workouts for all ages, body types, and fitness levels, including tailored programs for individuals with disabilities. They've cultivated a close-knit, supportive community, fostering a family-like atmosphere among members.
There's significant potential for growth with new ownership. By investing more time into the business—currently managed with just 20 hours per week from each owner—there’s an opportunity to expand operations and reach. Increased involvement in the local community and partnerships with charitable organizations could further enhance the gym’s visibility and reputation, driving additional growth.
Reason for Selling:
Sellers are looking into other business ventures.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
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