Business For Sale

Fitness Center - Group and Individual Training

Not Disclosed, NH
Rockingham County

Asking Price: Annual Revenue:
$75,000 $113,368

Recreation: Gyms, Health & Fitness, Sports

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RE: Fitness Center - Group and Individual Training Broker: John Coto
Owner Financing is Available!
Seller will finance some of the selling price to a qualified buyer.

Quick Facts

Asking Price: $75,000
Annual Revenue: $113,368
Net Profit: Not Disclosed
Cash Flow: $36,743
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2013
Employees: Not Disclosed
BBN Listing #: 376619624
Broker Reference #: ABB414

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Business Overview:

This business is a top-rated fitness facility in southern NH 15 -20 minutes from Manchester, NH. Established in 2013 by current owner. They offer group fitness classes, semi-private training, or one on one personal training by professional instructors. Additionally, there are weights and spin bikes used in some classes. The business does not employ staff but uses 10 -12 outside instructors. There is also a daycare room used to care for children while parents workout. The owner has been working 10 – 20 hours per week over the past few years due to family obligations. A new full-time owner can reduce the expenses associated with the outside trainers as well develop additional business opportunities such as increase the one on one personal training. The 2017 Discretionary Earnings of $36,743 includes reduction in outside instructors with a full time owner. The business rents approximately 5,000 square feet at $1,850 per month. Very limited competition in the area. The fitness studio is only open about 40.5 hours per week and closed on all major holidays. Members pay for services in different ways. The business offers a “drop-in” rate, a monthly membership, and an annual membership. The business is being offered for sale due to the owner’s family obligations. However, the Seller will work with the new owner to transition the business.For more information, please contact John Coto, Certified Business Intermediary at Alliance Business Brokers, LLC.

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Property Features and Assets:

Facility: The business leases approximately 5,000 square feet with off street parking in a strip plaza.

Market Competition and Expansion:

Competition: Very limited competition in the area Growth & Expansion: May be achieved by (1) through increased advertising and marketing; (2) expanding the hours of operation; (3) promoting the personal training services

Reason for Selling:

Family obligations.

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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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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