Full Scale Fitness & Gym-Equipment and Memberships

King Of Prussia, PA
Montgomery County

North Coventry


Asking Price: Annual Revenue:
$149,900 $363,000

Recreation: Gyms, Health & Fitness, Sports


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RE: Full Scale Fitness & Gym-Equipment and Memberships Broker: Stan Rubinstein
Owner Financing is Available!
Negotiable

Quick Facts

Asking Price: $149,900
Annual Revenue: $363,000
Net Profit: $61,000
Cash Flow: $61,000
Total Debt: Not Disclosed
FF&E: $90,000
Real Estate: Not Disclosed
Year Established: 2008
Employees: 12
BBN Listing #: 446754405
Broker Reference #: PBA 1968

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Business Overview:

This business represents a once in lifetime opportunity to acquire a non-franchised, turnkey fitness center, fully staffed, operational business with a recurring revenue stream. The Business is a full-service fitness facility completely retrofit with men’s and women’s locker rooms and showers. The business offers full work out customized programs offering the full array of cardio equipment, weights, techno body fat weight scales, tanning bed, and private chiro and massage care. The business currently has recurring revenue of over 900 full memberships, which result in ACH deposits direct each month. All the training equipment and retrofit is included in the sale price. A trained and skilled management staff is in place, and the Ownership is willing to stay and train to assure a smooth and seamless transition. The business has the potential to develop multiple sources of revenue streams by capitalizing on chiro care, private instruction, group classes, etc. Ideally located in the affluent section of Chester County, PA. This business opportunity is a great investment for an entrepreneurially spirited investor with a passion for fitness and wellness!

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Property Features and Assets:

The business is located in a strip shopping center achored by a major grocery chain. The space is 10,540 square feet and is fully equipped with cardio and weights. The space is fully retro fit for a fitness center.

Market Competition and Expansion:

The growth potential for a hands on operator is inthe chiro care, personal training, group classes, juice bar, etc. The competition are the major big box chains.

Reason for Selling:

Scale Back Operations.

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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