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- RE: Thriving Gym For Sale - Your Next Opport. Awaits
- Contact: Terry Watts
- License #: DRE#02191771
Quick Facts
Asking Price: | $99,000 | |
Annual Revenue: | $536,123 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $142,477 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2009 | |
Employees: | 10 | |
BBN Listing #: | 937021 | |
Broker Reference #: | 7005-18156 |
Business Overview:
This gym stands as a premier fitness destination dedicated to inspiring and empowering individuals on their journey towards a healthier, more active lifestyle. Notably, it is currently operated with minimal direct involvement, making it an attractive opportunity for investors or absentee owners seeking a hands-off business model.
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Property Features and Assets:
This expansive gym spans 3,800 square feet, providing ample space for fitness enthusiasts to pursue their goals. The current rent is month to month, but the landlord is willing to keep the 3% increases.Â
Market Competition and Expansion:
There is another gym that is about 5 miles away.Â
The business is poised for substantial expansion, especially through the implementation of advanced marketing strategies and deeper involvement within the local community. Noteworthy avenues for growth encompass, but are not confined to, the introduction of vending machines offering a variety of snacks, beverages, or powders. Additionally, there exists potential for development by providing rental space for trainers, historically priced at $600 per month, with a track record of accommodating four or more trainers simultaneously.
Reason for Selling:
The seller is pursuing other business 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
Relevant Links:
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