Turn Key Fitness Gym - Price Reduced $49k!

Not Disclosed, AL
Baldwin County


Asking Price: Annual Revenue:
$100,000 $43,445

Recreation: Gyms, Health & Fitness, Sports


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RE: Turn Key Fitness Gym - Price Reduced $49k! Broker: Chris Bruner

Quick Facts

Asking Price: $100,000
Annual Revenue: $43,445
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $112,000
Real Estate: Not Disclosed
Year Established: 2017
Employees: 25
BBN Listing #: 399255279
Broker Reference #: 24876-555019

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Business Overview:

This Turn Key Fitness Center located in Baldwin County, Alabama is looking for a buyer who wants to take their members health to the next level. The Gym opened in late 2017 after going through an extensive build out to bring the space up to code. The gym recently introduced a membership FAB system to operate 24/7 seven days a week.

The gym offers different workout sections to its 140 members, such as, cardio, free weighted dumbbells, squat rack, bench press, assisted workout machines, & private wood floored studio, PERFECT area for private sessions or Pilates.

Currently has 2 part time employees that help manage gym membership and offer personal training to their clientele.

Top Branded equipment: Matrix, Aura, Dura-Bell (Bar & Dumbbells 10-90 LBS), True, & Cybex

~Seller Financing Available~

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Market Competition and Expansion:

Typical large franchises but not many privately owned gyms. Potential Growth: The gym is perfectly set up for private classes or one-on-one training. A social media campaign & local community involvement would increase memberships and gym name in the area. Another area of growth potential would be to add tanning beds or other health/recovery options. Plenty of space for a retail supplement section at front desk or second office.

Reason for Selling:

Retiring

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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