Business For Sale

Business Overview:

This profitable and newly renovated fitness center is located in the heart of West Knoxville. It's prime location of 15 years is coveted by competitors and yields an average of 300 active memberships per month totaling $10,000/month in membership fees and $20,000/month in personal training sales. This fitness center has everything you need for a successful business - highly desirable location, updated facilities and equipment, profitable business model (over $100k SDE), and committed transferable receivables (in the form of membership fees). Combine those benefits with the fact that the U.S. is getting FATTER by the minute (and TN more than most!) and you can see why this opportunity not only allows you to make money, it also allows you to help others on the path to a healthy lifestyle.

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:

The seller has recently renovated, remodeled, and expanded the fitness facilities. Updates include a new group studio room, office, and tanning bed room. Lease has approximately 3yrs left with 5yr options. Equipment as part of sale include all new (under 1yr old) cardio equipment, 16 brand new spin-cycles (for spin classes), full maintained line of selectorise weight system equipment, and a new tanning bed. FF&E of $100,000 + Inventory of $1,500 are included in the asking price. Seller will provide up to 4 weeks of direct training and will offer additional assistance as needed.

Market Competition and Expansion:

One of the best suburban fitness locations in West Knoxville with no competition within a several mile radius. Excellent revenue expansion opportunities through the incorporation of additional tanning beds and/or massage services.

Reason for Selling:

Other business ventures.

Additional Details:

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