Owner Financing is Available!
Business Overview:
This business began in 2008 as a franchised women's only fitness center. By the second year of operation, the owner and part-time operator had decided that the franchise model was too restrictive and didn't fully address the needs of the local community. She wanted to build a full service women's fitness facility that appealed to all age groups and body types. She decided not to renew the franchise agreement and today the business is available as an independently owned and operated entity...no royalties, no AD fees, no restrictive covenants...no hassles. Just a new, clean, state-of-the-art women's fitness center with 24/7 member access, more than 350 members and existing cash flow (including prepaid memberships!) that can be purchased for less than it would cost to build the business on your own! No need to start a fitness center from scratch...use the seller's experience and $25,000 down to become a business owner with a huge head start and money in the bank!
Facilities: This is a large (nearly 4,000 square foot, including a full dance floor) state-of-the art fitness facility in a highly accessible location with 24/7 member access and surveillance. Facilities also include a full locker room with private changing rooms. Rent is $5,178/mo (gross) and the current lease expires in 2014.
Competition: Unlike clubs such as Curves, this club has a dance floor, actual Cardio equipment and offers classes (Yoga, Pilates, Zumba, Kickboxing, Self Defense, etc.). Their pin-select weight circuit is joint sensitive, very important at all age levels. Their membership rates are also very competitive, starting at as little as $24.95/mo
Growth/Expansion: The compound annual growth rate for this business since it opened in mid-2008 has exceeded 45%! This is a direct reflection of the scope and breadth of services and seller's investment in only the best equipment and a full line of comprehensive classes. The growth rate and location spell opportunity for a full time owner/operator!
Support/Training: The seller will provide up to 160hrs of on-site training and transition to the buyer
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Reason for Selling:
Owner is a FT professional with no time for this growing club
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.