Profitable Fitness Center in Great Location

Not Disclosed, TN
Anderson County

Asking Price: Annual Revenue:
$325,000 $389,273

Recreation: Gyms, Health & Fitness, Sports

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RE: Profitable Fitness Center in Great Location Broker: Doug Kose
Owner Financing is Available!

Quick Facts

Asking Price: $325,000
Annual Revenue: $389,273
Net Profit: Not Disclosed
Cash Flow: $104,800
Total Debt: Not Disclosed
FF&E: $226,279
Real Estate: Not Disclosed
Year Established: 2011
Employees: Not Disclosed
BBN Listing #: 488554611
Broker Reference #: 5182-925954

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Business Overview:

Ready to own a successful business and also get the satisfaction of helping people become healthier and more fit? This profitable fitness center is a perfect for an active or a semi-absentee owner. Located in Anderson County, the fitness center has an established, growing membership with a good team in place. Aggressive membership strategies, excellent ratings and great reputation, the owners have already set themselves apart, receiving recognition for their success from the franchise. The business is producing cash flow in excess of $15,000/month and growing. Perfect for an investor looking to get into a cash positive, growing business without waiting the 10-15 months to invest, build out and attract initial members. Membership has increased over 15% in the past few years.

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Property Features and Assets:

Facility space is a 5,500 square feet commercial building. A well designed build out, this facility includes quality room for cardio workout (1/3 of space), cable equipment (1/3) and free weight section (remaining 1/3). The business location is off a very busy road that carries over 25,000 vehicles per day.

Market Competition and Expansion:

There are other gyms and fitness centers in the area. However, this business has built and maintained a great membership base of loyal clients. Be part of a large network of a recognizable and respected brand name! Potential Growth To take the business to another level, additional personal trainers would be recommended. Anderson County is an aging population and working community - people are requesting for more personal training. Group fitness training could also be expanded with more class time options, which would boost revenues and profits exponentially.

Reason for Selling:

Other business interests.

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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