Central Iowa Fitness Center (Est. Franchise)

Not Disclosed, IA

Asking Price: Annual Revenue:
$199,999 $159,315

Recreation: Gyms, Health & Fitness, Sports

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RE: Central Iowa Fitness Center (Est. Franchise) Broker: Kevin Lease

Quick Facts

Asking Price: $199,999
Annual Revenue: $159,315
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $50,583
Real Estate: Not Disclosed
Year Established: 2020
Employees: 4
BBN Listing #: 24164955
Broker Reference #: 5004-16690

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Business Overview:

Established franchise in the community for 1.5 years. The business has a well-established name through its franchise and a strong customer base. The owner oversees the business and has 3 additional trainers to provide proper training for its clients. New owners can look to grow revenue and could consider additional locations.

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Property Features and Assets:

The location provides a good street view, with additional retail businesses providing great foot traffic. The area has plenty of parking to accommodate current customers and future growth. Assets = $103,083.

Market Competition and Expansion:

Direct competition exists through other local and national gyms, as well as CrossFit facilities. Business is well established with a strong following with 4 corporate locations and 2 additional franchise locations in the state of Iowa. A business owner can look to grow the business through additional product offerings, corporate events. The owner can also look to open additional locations.

Reason for Selling:

Business owner is looking to focus on other biz.

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:

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