Business For Sale

Community Fitness Center for More Than 15 Years

Not Disclosed, MA
Essex County

Asking Price: Annual Revenue:
$115,000 $566,599

Recreation: Gyms, Health & Fitness, Sports

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RE: Community Fitness Center for More Than 15 Years Broker: Aaron Fox

Quick Facts

Asking Price: $115,000
Annual Revenue: $566,599
Net Profit: Not Disclosed
Cash Flow: $25,888
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 2004
Employees: 24
BBN Listing #: 955049435
Broker Reference #: 80041-854411

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Business Overview:

Long-running community fitness center with great location and demographics available for sale. This gym is well-established as one of the top in its area for nearly 15 years. The facility includes a main work-out floor, a private group exercise studio, separate spin room, executive locker rooms, towel service, washer/dryer, men’s and women’s saunas, private offices, a juice bar area, and more.

The business is fully managed by competent, long-term staff. This fitness center has a dedicated staff, full schedule, and loyal members, many of whom have been training in this location for several years. The location offers dozens of the best group fitness classes in the area, as well as personal training in a private, upscale environment. The fitness center is about results-oriented weight maintenance, increased health, and personal empowerment, and have many testimonials to back it up.

This operation has a simple management structure and straightforward systems. It is a turnkey business for buyers from all walks of life, with no fitness-related knowledge required. A buyer does not need to provide any personal training or nutritional services themselves, nor do they need to have experience in those areas. A passion for helping people transform their lives through exercise and personal health is certainly a bonus. A hands-on owner working in the business could potentially net well over $100K, per year. Moreover, these numbers are conservative and increased net is available and anticipated.

We have so much information to share. Please contact 855-652-8922 to speak with a broker today!

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Property Features and Assets:

The current owner (who was a member at the time) took over the fitness center four years ago. Since 2015, total revenue has increased 20% each year.

Market Competition and Expansion:

This fitness center sets itself apart from its competitors by the services they provide, the make-up of the membership, and by being the only “true” gym in the local area for 15 years. Currently the fitness center is able to achieve its revenue figures with little to no marketing efforts. They are able to reach their members through word of mouth and repeat business and by being the only “true” gym in the local community. By increasing marketing efforts and added a dedicated sales person could drive in more members.

Reason for Selling:

Other business interests.

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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