Business Overview:
Absentee Personal Training Studio. You do not have to be a personal trainer to buy this business. The owners will stay on as trainers, working for the new owner. For the past ten years the owners have put their blood, sweat and tears into building a great business. Under the current format, there are 4 personal trainers and 11 class instructors that pay rent or a percentage of their income to the owners of the studio. All have keys and come and go as they please based on their instruction schedules. One owner has a young family and is looking to slow down a bit. The other is looking to semi-retire. This is an ideal situation for someone in the field looking to take over an established business, or for someone not in this field looking for an absentee operation as side income. Sales this year are expected to top $92,612 with a Net Income of approximately $51,852. The overhead is minimal Rent is only $2,000 per month. This is a 1,800 square feet Personal Training Studio/Group Fitness/Pilate/Yoga Studio. The Group fitness room is furnished with a suspended wood floor for maximum joint support, (originally $10,000) in great condition. Sound system with pitch control (originally $5,000). Group Fitness space is perfect for additional rental income. (ie, dance, karate, wrestling, golf tech, etc.) Facility has 1 small office and a massage therapy office currently being used by their popular massage therapist, which could also be used for chiropractic rental space. Metabolic testing equipment not included in sale, but may be an option. There is great room for expansion. Call or email Mel Vaz today to learn more.
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:
Personal
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.
Resources: