Business For Sale

3-Location Private Fitness Centers #000650

Not Disclosed, TX
Dallas County

Dallas


Asking Price: Annual Revenue:
$279,000 $503,302

Recreation: Gyms, Health & Fitness, Sports


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RE: 3-Location Private Fitness Centers #000650 Broker: Moon Kim
License #: 567204

Quick Facts

Asking Price: $279,000
Annual Revenue: $503,302
Net Profit: Not Disclosed
Cash Flow: $168,594
Total Debt: Not Disclosed
FF&E: $120,000
Real Estate: Not Disclosed
Year Established: 2003
Employees: 5
BBN Listing #: 446419188
Broker Reference #: 000650

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Business Overview:

Prime 3-location fitness center with unique concept unlike any typical gym or fitness center is available for acquisition. These businesses were established originally over a decade ago with the first location being late-2003 and the latest in early-2006. Competition is to be expected for any fitness center in this industry, but these fitness centers have a unique concept that no other fitness related businesses can imitate through typical methods. Most of the customers are upper-class individuals with an even mix of men and women from the surrounding densely populated residential neighborhoods and apartment complexes. Net sales average for the combined locations are $560,000/year that has been steadily increasing with any proactive marketing other than online coupons and word of mouth. Although the online coupons and word of mouth have effectively increases sales, other proactive marketing tactics needs to be fully utilized to generate maximum potential sales and acquisition of untapped customers. There are many ways to proactively market this business such as direct mailing, flyers, add more equipment, monthly subscription discounts, referral discounts, expanding current workout training program and hiring additional trainers. Purchasing new equipment and adding personalized workout routines will help attract many more individuals in the area that is looking for a become more active and healthy. These fitness centers have everything in place for a potential buyer to proactively market in the local area as well as being fully involved in the day-to-day business operations.

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Property Features and Assets:

These businesses are placed in retail strip centers that are optimally placed in areas that has a dense population of individuals that has large amounts of disposable income. All equipment is in impeccable condition and in working order. / Inventory: $1,500 (Not Included in listed price).

Market Competition and Expansion:

Competition: Few competitors are within the immediate market area of all business locations, but these fitness centers has a unique program that other fitness centers doesn't provide and the routines are created for each individual for maximum results. / Growth and Expansion: Coupons are used to actively market these fitness centers, but other marketing methods needs to be utilized to generate cash flow and acquire customers as fast as possible.

Reason for Selling:

Other Opportunities.

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.

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