Financially Healthy Fitness Gym, Absentee Owner

Not Disclosed, CO

Southern Colorado


Asking Price: Annual Revenue:
$1,095,000 $798,070

Recreation: Gyms, Health & Fitness, Sports


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RE: Financially Healthy Fitness Gym, Absentee Owner Broker: Rob Amerine

Quick Facts

Asking Price: $1,095,000
Annual Revenue: $798,070
Net Profit: Not Disclosed
Cash Flow: $213,561
Total Debt: Not Disclosed
FF&E: $946,000
Real Estate: Not Disclosed
Year Established: 2007
Employees: 28
BBN Listing #: 2940981
Broker Reference #: 1619

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Business Overview:

This is one of the top and best fitness franchises in the nation. As a well-known brand, this location continues to grow as word of mouth spreads and online reputation increases daily with exceptional customer reviews. Even with the recent COVID-19 shutdown and re-opening affecting revenue and cashflow in 2020, more new members have signed up than anticipated due to lack of local competition and other gyms that went out of business. With local mask mandate removed in March of 2021, personal training has come back again with an estimated Adjusted EBITDA over $250K+ this year! The owner has trained managers in place to run the day-to-day operations. This is an ideal opportunity for a buyer with fitness industry experience looked for a Colorado location or an individual buyer looking to own their first gym in an area of town that continues to attract health conscience families. The buyer will receive hands-on training from both the owner and the franchisor. This franchise has also been pre-qualified by local SBA Lenders for qualified buyers.

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Reason for Selling:

Pursuing other opportunities

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 a franchise resale opportunity.

Documents:

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