Semi Absentee Owned Fitness Center

Not Disclosed, SC
Dorchester County

Asking Price: Annual Revenue:
$279,000 $288,380

Recreation: Gyms, Health & Fitness, Sports

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RE: Semi Absentee Owned Fitness Center Broker: Mark Madden

Quick Facts

Asking Price: $279,000
Annual Revenue: $288,380
Net Profit: $135,698
Cash Flow: $135,698
Total Debt: Not Disclosed
FF&E: $90,000
Real Estate: Not Disclosed
Year Established: 2015
Employees: 4
BBN Listing #: 16150186
Broker Reference #: Not Disclosed

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Business Overview:

This fitness center runs on autopilot. The owner has put all the people, processes and procedures in place. Marketing, sales, training, maintenance, cleaning, social media. Everything about this fitness center is set up and ready to go. This is your opportunity to purchase a fitness center unlike any other. This center focuses on results for its clients. This center is very profitable. The owner is on track to gross over $300,000 in sales and net over $100,000 income for 2018 (Financials above are for 2017). A unique concept that encourages, motivates and ultimately gets results for its members. The results keep the members coming back. This fitness center offers a variety of classes. Classes can be taken individually or in a group setting. Individual coaching and personal training are also available. The gym also has a fantastic growing kid fitness program. This is a new franchise with rapid growth. Social media has a tremendous following. Excellent location with a very favorable lease.

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Property Features and Assets:

The gym was started with new equipment in 2015 and the equipment has been well maintained. Facilities are spacious with plenty of room for additional membership.

Market Competition and Expansion:

The owner is focused on providing results and that is what keeps the members coming back. Word of mouth drives new membership. There is also a very active social media presence. Profits can continue to grow as membership expands. The fixed costs remain essentially the same as membership grows so each new member brings revenue straight to the bottom line.

Reason for Selling:

Other Interest.

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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