Seller's Contact Information

  • RE:  SOLD Profitable Growing, Existing Fitness Business
  • Contact:  Carl Grimes
Owner Financing is Available!

Quick Facts

Asking Price: $199,000
Annual Revenue: $245,416
Net Profit: Not Disclosed
Cash Flow: $94,148
Total Debt: Not Disclosed
FF&E: $175,000
Real Estate: Not Disclosed
Year Established: 2020
Employees: Not Disclosed
BBN Listing #: 537955125
Broker Reference #: N131-CG

Email or Print Listing

Business Overview:

Established and Growing | Top Fitness Model | Training/Support from Owner

 

It's hot, hot, hot! This existing fitness business is profitable, has a great location and is meeting the needs of key clientele in a vibrant, bustling community across from a 'Big Box' retailer drawing people to the front door.

A $47,000 down payment “buys' a $94,000 cash flow Seller’s Discretionary Earnings (SDE). You can be your own Boss or manage someone else with support from the seller and the franchisor. 

This is a top fitness business model in the USA and is growing by adding memberships as America comes out of the pandemic. The business bucked the trend of Covid and grew during 2021 after having a slow start in 2020 at the beginning of Covid. Owners have had a life change that aren't allowing them to be involved in the day to day operation, giving you the opportunity to own this profitable fitness franchise today!

* Low management requirements

* Manageable hours

* Assumable equipment lease for part of purchase price

* New owner can be manager or manager is in place

* Great location in busy shopping center near big box retailer

* SBA approved for financing

* Owner may also do some financing for the right buyer

* Attractive lease and licenses all in place

* No waiting to start making money

* Local ownership can do more marketing in local area

* Demographically attractive concept

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Property Features and Assets:

Leased location near 'Big Box' retailers.

Reason for Selling:

Moving

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is a franchise resale opportunity

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