Business for Sale Overview:
The absentee owner of this fitness center purchased an old “failing” health club in September of 2008. He immediately remodeled the club and replaced all the equipment. Owner has spent significantly more on the facility and on new equipment than what is being asked for in the purchase price. Consequently, the price of this fitness center is extremely attractive after a buyer views the facility. This well maintained fitness center has had a health club or fitness center at this location for over 26 years. And currently this “completely remodeled” Center provides its members of all fitness levels to complete their exercise routines with its free weights, circuit training and cardio equipment. Additional services include personal trainers, a ladies only fitness room, tanning, protein shakes and locker rooms. This center has very loyal clientele and currently has active membership of approximately 500 regular members plus 1000 “Silver Sneakers” participants. The center is fully equipped with well maintained equipment and is a turnkey operation. This makes it a fantastic opportunity for an owner operator with an entrepreneurial spirit. This fitness Center is a “Silver Sneakers” certified Facility.
Disclosure: This business is being marketed for sale by Michael C. Abbinante, of Abbinante & Co. Michael C. Abbinante is a licensed real estate broker in the State of Arizona.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Market Competition and Expansion:
There are many avenues for growth of the business. This absentee owner is not currently marketing the business or having membership drives. A new owner should be able to increase membership through a variety of marketing initiatives. There is also a great opportunity to increase the Center’s “Silver Sneakers” revenue.
Reason for Selling:
Seller owns and operates another larger business.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.