First Class Fitness Studio in Upscale Location

Not Disclosed, OR
Washington County

Asking Price: Annual Revenue:
$99,000 $325,000

Recreation: Gyms, Health & Fitness, Sports

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RE: First Class Fitness Studio in Upscale Location Broker: Anthony Wright
Owner Financing is Available!

Quick Facts

Asking Price: $99,000
Annual Revenue: $325,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $105,750
Real Estate: Not Disclosed
Year Established: 2016
Employees: 23
BBN Listing #: 492252348
Broker Reference #: 59071-718781

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Business Overview:

Price Reduced For Quick Sale. This is an opportunity to purchase a fitness studio with no expense spared on the tenant improvements. An absolutely beautiful modern décor with an accredited, qualified staff in place for a smooth transition. This is not your typical gym. They offer the most cutting-edge fitness ideas utilizing innovative equipment to maximize results. A cycle, yoga, tone business model. The facility offers top of the line customer services and amenities, including sweat towels, post workout scented towels, indoor cycling shoes, water filtration and skincare and grooming products in the restrooms. The business is open 7 days a week, but only during scheduled classes. It is a rare opportunity to purchase an established business showing phenomenal growth with a long term lease in place.

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Property Features and Assets:

The business has been operating for approximately 3 years and has shown tremendous revenue growth year over year. The tenant improvements, staff and business model are in place for a new owner to take this facility to the next level.

Market Competition and Expansion:

Although all fitness facilities represent competition this is not your typical gym. No replica facilities nearby. Potential Growth Capitalizing on radio and online marketing to women in the 24-44 age group. A new owner has the option to expand the target market with minor adjustments to the facility.

Reason for Selling:

Other opportunity.

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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