Outstanding Fitness Opportunity - Earn and Grow

Not Disclosed, OH
Medina County

Asking Price: Annual Revenue:
$160,000 Not Disclosed

Recreation: Gyms, Health & Fitness, Sports

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RE: Outstanding Fitness Opportunity - Earn and Grow Broker: Mike Snider

Quick Facts

Asking Price: $160,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: $48,563
Total Debt: Not Disclosed
FF&E: $97,900
Real Estate: Not Disclosed
Year Established: 2012
Employees: 6
BBN Listing #: 811058597
Broker Reference #: 67201-387661

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Business Overview:

Outstanding franchise fitness opportunity in a great community, located in the main retail thoroughfare with huge exposure. Start earning from DAY 1 with established memberships. This highly rated facility has huge potential for growth with memberships already in place, practically brand new equipment in place, space improved and renovated by current owner. The large 10,000 square feet space includes equipment area, free weight area, bicycles, separate room for group classes and full locker rooms with showers. Tremendous potential for an Active Fitness Trainer that wants to add their personal touch and be their own boss, or an absentee owner for additional income. Current owner has done all the ground work, now you can reap the benefits. Must call and review this opportunity! Personal fitness has never been more appealing and lucrative as it is right now.

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Property Features and Assets:

Current owner purchased the Snap Fitness franchise in 10/2016. During his ownership he moved the location to double the size and increased the average monthly revenues by 3 times.

Market Competition and Expansion:

Rise Fitness 2 miles 9,000 square feet. Accelerated Fitness 6miles 7,000 square feet.

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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