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  • RE:  Functional Fitness Gym In Southeastern N. Carolina
  • Contact:  Ben Shaw
Owner Financing is Available!
$314,100 down / $34,900 over 120 months @ 10%.

Quick Facts

Asking Price: $349,000
Annual Revenue: $462,155
Net Profit: Not Disclosed
Cash Flow: $134,970
Total Debt: Not Disclosed
FF&E: $165,000
Real Estate: Not Disclosed
Year Established: 2013
Employees: 4
BBN Listing #: 984557
Broker Reference #: 1301-18720

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Business Overview:

This established fitness center has been a leader in the South Eastern North Carolina fitness community for over a decade, specializing in functional fitness programs, personal training, and group fitness sessions. With additional services like nutritional coaching and community events, this gym offers a holistic approach to health and wellness, catering to clients of all fitness levels. Its loyal customer base and strong reputation make it an exceptional opportunity for fitness enthusiasts or investors looking to own a business in the booming health and wellness industry.

This gym has a recurring monthly membership model averaging around $35,000 - $40,000 in recurring revenues. The owner is an absentee owner for the business. A new owner could continue to run the business as an absentee owner, semi-absentee, or step in as an owner/operator.

This turn-key business has a general manager and staff in place as well as the fully equipped facility to cater to a variety of fitness classes and training offerings. Their facilities has around of 6,000 square feet of indoor training space. As well as additional outdoor space for outdoor workouts and events. 
Opportunity for growth exists. A new owner could expand service offerings such as virtual classes, membership tiers, online coaching, corporate wellness, and youth training. Also a new owner could consider promoting more upsells to current clients such as personal training, nutrition, merchandise, and supplements. 
A high-quality fitness center like this that has strong cashflow is a rare opportunity. Reach out to the listing broker to learn more.

Financials shown are for a full-time owner-operator.

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Property Features and Assets:

The facilities has around 6,000 square feet of indoor training space. As well as additional outdoor space for outdoor workouts and events. The facilities are fully equipped with cardio equipment, barbells, plates, dumbbells, kettlebells, racks, exercise equipment, and function fitness accessories purchased over the years at a value over $300,000. 

Assets = $166,000

Market Competition and Expansion:

There is ample competition in the overall fitness space in the local area. This fitness center differentiates itself with its community-centered approach, highly qualified coaching staff, and focus on functional fitness. Specializing in small-group and personal training programs tailored to individual goals, emphasizing accountability and results.

Opportunity for growth exists. A new owner could expand service offerings such as virtual classes, membership tiers, online coaching, corporate wellness, and youth training. Also a new owner could consider promoting more upsells to current clients such as personal training, nutrition, merchandise, and supplements. 
Currently, this business spends minimal on advertising. A full marketing plan could help attract new members and promote new services. 

Reason for Selling:

The owner is pursuing new professional opportunities.

Additional 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

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