Business For Sale

Brand Name Gym and CrossFit Gym Opportunity!

Not Disclosed, IN


Asking Price: Annual Revenue:
$450,000 $667,073

Recreation: Gyms, Health & Fitness, Sports


Request More Information
Contact the Seller

RE: Brand Name Gym and CrossFit Gym Opportunity! Broker: Nathan Hughes

Quick Facts

Asking Price: $450,000
Annual Revenue: $667,073
Net Profit: Not Disclosed
Cash Flow: $239,993
Total Debt: Not Disclosed
FF&E: $85,000
Real Estate: Not Disclosed
Year Established: 2009
Employees: 4
BBN Listing #: 581641635
Broker Reference #: 3953-554210

Email, Print & Share

Request More Information
Contact the Seller


Business Overview:

This is a fantastic opportunity for a first time or current business owner to own adjacent gyms in a highly desired location. Gyms are two separate entities but work as highly complimentary units.

Gym 1 is a well known brand named fitness franchise. This location has turned a fantastic cash flow increase of 63% since 2015. Current membership is at 650 members and opportunity for growth is through the roof. Gym has a proven business model and significant back-end support from franchise headquarters.

Gym 2 is a high-quality crossfit gym located adjacent to gym 1. This crossfit gym has produced an average cash flow of $98k since 2015. Gym 2 places a great focus on using a community environment to drive the greatest physical, mental, and spiritual shape possible among its members.

Both gyms are increasing in members year over year. The two work in tandem to deliver two different fitness experiences with the same end goal. Gym 2's members tend to utilize Gym 1 in complimentary fashion.

The location is perfect. Gym's are the only option in a high-quality township and are visible from main cross streets in the area. The strip mall hosting the two locations also offers a main grocery and other high traffic stores.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Gyms are in an excellent location with minimum competition in high-quality Township.

Market Competition and Expansion:

Franchise gym is ranked high on Entrepreneur's 2018 Franchise 500 list and is projected to continue its steady growth year over year. The brand is well-known and highly recognizable offering convenient and easy access to high-quality gym equipment and facilities. Along with a well-known franchise gym brand, the CrossFit gym offers additional appeal to members looking for more than a standard fitness experience. There are little other options in the fitness industry that match the unique workout of a CrossFit lifestyle. On average, members tend to be higher-end with an annual income of $150k. Specifically, both gyms have grown by 150 members since 2015 alone. A buyer with a passion to grow the business could certainly do so.

Reason for Selling:

Relocation

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 a franchise resale opportunity.

Relevant Links:

Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!