Established Boutique Fitness Gym for Sale

Milford, CT
New Haven County

Located 10 miles from New Haven, CT.

Asking Price: Annual Revenue:
$400,000 $556,433

Recreation: Gyms, Health & Fitness, Sports

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RE: Established Boutique Fitness Gym for Sale Broker: Sam Domino
Owner Financing is Available!
The current owner is willing to finance a portion of the transaction.

Quick Facts

Asking Price: $400,000
Annual Revenue: $556,433
Net Profit: Not Disclosed
Cash Flow: $146,877
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2013
Employees: 8
BBN Listing #: 207462509
Broker Reference #: Not Disclosed

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Business Overview:

Excellent opportunity to purchase a well-established fitness business that offers total body workouts featuring unique boxing and kickboxing taught by Certified Trainers. The business is known for its exceptional workouts that guarantee results, which has resulted in word-of-mouth marketing being the cornerstone of its advertising. The low investment, simplistic build-out, and limited employees make this an attractive business model.

The business opened in July 2013 and has experienced great success. The business is dedicated to promoting healthy lifestyles in a professional, friendly atmosphere within a clean, motivating environment. Additionally, all staff members pledge and commit to continuing education to keep abreast of the latest fitness, boxing, kickboxing, and MMA techniques while cultivating relationships with club members.

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Property Features and Assets:

The company operates from a spacious 2,500-square-foot facility, located within a strip mall that houses retail establishments catering to the same target market. The club’s layout is thoughtfully designed, with a minimum width of 30 feet and a ceiling height of 10 feet or higher, to accommodate the bag stand. Strategically located in central Milford, the club is well-positioned to serve its clientele. The real estate is a triple-net-lease, with the rent being $7,881. The current owner will assist the new owner in securing a favorable, long-term lease at the current location.

Market Competition and Expansion:

The fitness industry is highly competitive, with many players competing for market share. The business has identified its unique value proposition, which sets it apart from competitors. Although there is competition from other boxing gyms, health and fitness centers, health clubs, health spas, yoga studios, and franchised companies offering similar fitness services, the business is confident in its ability to offer a superior workout experience. Further growth could be achieved by expanding the regions in which the company currently operates, as well as expanding the targeted 5-mile radius. There is great potential for growth if a new owner wishes to expand in areas around Southern Connecticut.

Reason for Selling:

Changing careers

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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