Own an Established Profitable Gym - Great Deal!

Clemmons, NC
Forsyth County

Growing Metro Area

Asking Price: Annual Revenue:
$650,000 $510,000

Recreation: Gyms, Health & Fitness, Sports

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RE: Own an Established Profitable Gym - Great Deal! Broker: Seller of Business
Owner Financing is Available!

Quick Facts

Asking Price: $650,000
Annual Revenue: $510,000
Net Profit: Not Disclosed
Cash Flow: $213,000
Total Debt: Not Disclosed
FF&E: $300,000
Real Estate: $100,000
Year Established: 2013 (current owner)
Employees: 3
BBN Listing #: 381457163
Broker Reference #: Not Disclosed

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Business Overview:

Here’s a great opportunity to own this 13,000 square-ft. fitness facility, located in a fast growing community in the Clemmon's area. The gym has a long standing loyal membership base and has been a pillar of the community for over 15 years.

The gym features the a wide variety of equipment that has been renewed and updated yearly. The gym features a full complement of fitness classes with highly educated fitness instructors to help motivate members. A multitude of additional services are offered as part of the gym(all additional revenue) including personal training, tanning, massage therapy, bowen work and Chiropractic . The gym has a large supplement/vitamin business along with smoothies, protein bars and drinks. The gym amenities include 24-hour access, private lockers for rent, showers, sauna, and steam room.

The gym has continued to grow, even without large marketing or advertising efforts, by word of mouth and continued involvement in the community. With an solid marketing plan and renewed focus on service area's the gym is primed for large scale growth within a growing community.

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Property Features and Assets:

300,000 worth of gym equipment plus rock wall (30k), office equipment, tanning beds, sauna's and steam rooms

Market Competition and Expansion:

Main competition is the YMCA and to some degree Planet Fitness

Reason for Selling:

Lack of time

Additional Details:

  • The property is owned.
  • 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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