Full-Service Health Club In NC - Semi-Absentee

Business Overview:

Turn-key fitness center with management in place! This 45+ year old health club provides over 3,500 members a variety of services allowing for all fitness needs to be met in one location.

This 20,000 square foot facility meticulously designed and maintained to provide offerings for fitness enthusiasts at every level in their fitness journey.

Over the last 5 years over $3.3 million dollars have been reinvested in modernization of the facility.

Tenured management team in place oversees 20 Full-time employees.

This is an ideal acquisition opportunity for a strategic buyer looking to enter or expand within the lucrative fitness and wellness industry. The company's established brand, diverse revenue streams and contract memberships provide immediate value and growth potential.

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Property Features and Assets:

Monthly Rent: $9,077.95

Square Units (Foot, Meter): 22,679

Lease Expiration Date: March 13, 2025, 9:00:00 PM

Terms Options: (4) five-year options available

Lease Terms Options: (4) five-year options available

Facilities: Free-standing building designed to suit the business

FF&E Overview: All FF&E is impeccably maintained defining the facilities ambiance. From state-of-the-art fitness equipment to luxurious spa furnishings, every element reflects the dedication to providing top-tier experience. Meticulous care ensures optimal functionality and aesthetics, enhancing the overall well-being environment for the clientele.

FF&E General Condition: All FF&E are meticulously maintained, reflecting a commitment to excellence. Each element is in optimal condition, ensuring a premium experience for members and visitors.

Market Competition and Expansion:

​Competition: This wellness center is a distinguished leader in the industry, boasting a strategic location, 20,000 square foot facility with over $3 million in leasehold improvements and recurring revenue stream. The competitive advantage lies in luxury amenities and a longstanding history spanning over four decades

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​Expansion: Elevate the health and wellness impact by accelerating membership numbers and enhancing digital engagement. Through strategic digital marketing, the business can expand the community presence and offer enticing membership opportunities.​

Reason for Selling:

Additional Details:

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