Business For Sale

Recreation: Gyms, Health & Fitness, Sports


Established & Profitable Fitness Center for Sale!

Springfield, VA

Asking Price: Annual Revenue:
$99,995 $384,441

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RE: Established & Profitable Fitness Center for Sale! Broker: Dustin Zeher Horizon Business Brokers, LLC
Owner Financing is Available!
Available depending on the final purchase price, terms, and qualifications of the buyer.

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Quick Facts

Asking Price: $99,995
Annual Revenue: $384,441
Net Profit: Not Disclosed
Cash Flow: $49,517
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: 1988
Employees: 11
Listing Number: 974032377

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Business Overview:

Full service health club that has been providing friendly, personal attention to help members stay fit, active and healthy. A combination of quality programs, services, amenities, and superior facilities has enabled the business to be a staple in the Northern Virginia fitness club community for over 25 years. The club provides a friendly, motivating and energizing environment for all physical activities whether you are just starting out or have been training hard for years.

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Property Features and Assets:

24 Hour Fitness servicing teenage through senior clients looking to improve from general fitness to athletic performance. Large selection of Strength and Cardio vascular equipment including: Nautilus, Icarian, Free Motion, Magnum, Hammer Strength, Precor Ellipticals, Life Fitness & Stairmaster Recumbent & Upright Bikes, Stairmaster Climbers, Life Fitness & Nautilus Treadmills. Cardio Theatre Room. Nice Locker Rooms with Dry Heat Saunas, Showers and day use lockers. Available Personal Training and Massage Services. There is an adjoining space of about 10,000 sq ft that is a fitness sport-plex may be available for expansion.

Market Competition and Expansion:

Standard Competition for the industry in the market. There is significant opportunity to grow the membership base by creating a sales and marketing strategy for the gym. A new owner could also add new classes, programs, or expand personal training - all of which would dramatically increase revenue. There is also opportunity to hire a massage therapist as there are 2 rooms and currently no massage therapy services offered.

Reason for Selling:

Retiring from the industry after 30 years.

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.

Resources:

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