Established & Well-Known Functional Fitness Gym!

Alexandria, VA
Alexandria City County

Asking Price: Annual Revenue:
$89,000 $465,833

Recreation: Gyms, Health & Fitness, Sports

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RE: Established & Well-Known Functional Fitness Gym! Broker: Dustin Zeher
Owner Financing is Available!
Available depending on the final purchase price, terms and qualifications of the buyer.

Quick Facts

Asking Price: $89,000
Annual Revenue: $465,833
Net Profit: Not Disclosed
Cash Flow: $68,615
Total Debt: Not Disclosed
FF&E: $15,000
Real Estate: Not Disclosed
Year Established: 2007
Employees: 15
BBN Listing #: 949632377
Broker Reference #: HZ389DZ

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Business Overview:

Great opportunity to take over an established and well-known functional fitness gym in Alexandria, Virginia. The business is part of a reputable and well-branded franchise that caters to individuals looking for a variety of different workout options under one roof. The gym is located in an affluent and densely populated area with a healthy membership roster of over 700 individuals. There is an established team of trainers and other key staff in place which will help with the transition to a new owner.

The gym has a stellar reputation in the area which is backed up by top notch reviews on many popular online platforms. There is room for expansion as demand for services is strong and the membership has been steadily growing. The location is surrounded by a mix of residential and commercial centers which allows for a reliable flow of members throughout the day and on weekends. The gym generates over $35K a month in recurring revenue from the EFT membership base and this figure is on the rise as well.

The current ownership is absentee as they had several locations, each with a manager. The cash flow claimed is based on a buyer being an owner operator replacing the manager who wouldn’t be needed. The current owners have decided to pursue other business interests, so this presents a unique opportunity to take over a turnkey gym in an established market allowing the buyer to decide how involved they want to be in the day to day operations and growth of the business which has lots of potential, especially for an owner operator. Don’t let this opportunity pass you by!

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Property Features and Assets:

The gym occupies a 3,500 square foot space with prime retail storefront visibility and is situated on a main thoroughfare in Alexandria, Virginia. The space has been nicely built out within a recently constructed development with a combination of group and private workout spaces featuring free weights, cardio and other workout equipment.

Market Competition and Expansion:

Competition: There is standard competition for the market, but this gym focuses on functional fitness with classes that are offered in several unique disciplines. This business serves a key niche between the small, boutique gyms and the big box operations. Growth & Expansion: There is opportunity for growth and expansion. A new owner might consider implementing new marketing and advertising initiatives to create awareness about the gym. There is also potential to relocate to a larger facility and bring on more trainers and staff.

Reason for Selling:

Owner wishes to pursue 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 a franchise resale opportunity.

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