Business For Sale

Recreation: Gyms, Health & Fitness, Sports


Established Fitness Center with 2 Locations!

Springfield, VA

Asking Price: Annual Revenue:
$124,990 $822,428

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RE: Established Fitness Center with 2 Locations! 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: $124,990
Annual Revenue: $822,428
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: 1988
Employees: 20
Listing Number: 850232377

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Business Overview:

Full service health club with two locations in Springfield and Fairfax, Virginia. A combination of quality programs, services, amenities, staff, and superior facilities has enabled the business to be a stand out in the Northern Virginia fitness club community for over 25 years.

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Property Features and Assets:

Both centers have a large selection of strength and cardiovascular 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. The original fitness center is located in an Industrial Park surrounded by commercial and residential communities. Rate: $17,488/month Approximately 10,000 square feet. The newest fitness center is located in a mixed use retail setting in a high traffic area. Rate: $28,434/month Approximately 10,000 square feet. Landlord may be open to adjusting the lease rate with a new long term tenant.

Market Competition and Expansion:

Standard competition for the industry and market.

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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