Established Fitness Studio

Not Disclosed, OR
Multnomah County


Asking Price: Annual Revenue:
$543,000 Not Disclosed

Recreation: Gyms, Health & Fitness, Sports


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RE: Established Fitness Studio Broker: Jason Blair

Quick Facts

Asking Price: $543,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $543,000
Real Estate: Not Disclosed
Year Established: 2016
Employees: 17
BBN Listing #: 935952348
Broker Reference #: 59071-306819

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Business Overview:

This business has created a fun, motivating workout environment filled with energy and excitement that provides an intense work out using a low impact approach and utilizing unique, specialized machines that help to set them apart from their competitors. Highly trained and experienced instructors lead all classes. This is a boutique style studio that caters to the needs of each person by offering smaller class sizes which afford an opportunity for the trainer to coach and support participants throughout the workout experience. The studio started just over six years ago and has been named as one of the top-rated spots in Portland by many local media publications. It has received excellent customer reviews as evidenced by its multiple 5-star on-line reviews on various sites. Currently this business list price is based on assets and not cash flow.

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Property Features and Assets:

Since inception in 2016 the business quickly gained popularity and a solid repeat client base that resembled a cult like following. Like all fitness centers, this business was temporarily impacted by COVID. They pivoted to hold outdoor classes and their volume has been steadily trending toward their pre-COVID performance levels.

Market Competition and Expansion:

This studio sets itself apart from its competitors by providing a fun workout routine that addresses the needs of people who have a wide range of fitness levels. Staff are highly trained, making this a turn-key opportunity. There is an opportunity to increase the number of classes being offered throughout the day and expand the number of trained staff to accommodate additional growth. The style of studio is easy to replicate, and this would be an attractive option to also expand geographically to other Portland metropolitan areas where staff can be utilized in multiple locations.

Reason for Selling:

Relocating

Additional Details:

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

Relevant Links:

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