Business Overview:
** Price Reduced to $99,500 ** This fitness center offers privacy for its customers as well as a unique, effective system of working out with measurable results when the customer follows the program. The company has this system down to less than 30 minutes of work-out time versus the usual 1.5+ hours that customers tire of easily.
This business really needs an owner-operator who is fit themselves and enjoys helping others attain their fitness goals.
Financial based on 2010 actual. DE per seller//$54931; Based on the first 9 months of 2011 and gaining a number of new customers via Groupon™ and Living Social™ ads, the Seller believes the final numbers for 2011 will be somewhat higher than 2010. And 2012 is starting off with a bang. Great time to own when people are wanting to get back in shape after the holidays!
For more information, contact Erin Bonner, BCB, CBI.
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.
Property Features and Assets:
This location approximately 1,855 square feet close to major highway and multiple high rise office buildings as well as apartments and condos in this upscale business/residential district.
Market Competition and Expansion:
Each year millions of health club members quit their current gyms because they have seen little or no results. This business target are those that wish to leave the "big box" gym chains. This fitness center has a unique plan to actually get people "fit". As the big box market is diminishing, this market is growing. Nearby big box gym is shedding members monthly who are opting to work out here using this company's approach. Near this location are multiple high rise offices which have never been marketed to. There are possible corporate and individual accounts which could be gained. Few employees in area know of this center. With aggressive marketing and the right operator, there is much room for sales increase.
Reason for Selling:
Capital to Franchise
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.