Business For Sale

Fitness Center $89k

Worcester, MA
Worcester County

Great City Location!


Asking Price: Annual Revenue:
$89,000 $165,000

Recreation: Gyms, Health & Fitness, Sports


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RE: Fitness Center $89k Broker: Karen Kelley
Owner Financing is Available!
Possibly some Seller financing for a well-qualified buyer.

Quick Facts

Asking Price: $89,000
Annual Revenue: $165,000
Net Profit: Not Disclosed
Cash Flow: $55,000
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: $1
Year Established: 2006
Employees: 8
BBN Listing #: 25832849
Broker Reference #: 15536

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Business Overview:

This operating fitness studio is all set to take over and grow offering Personal Training & Small Group Training.
- 2,300 square feet renovated, equipped, leased facility in a great location with parking.
- 8+ part-time trainers in place as well as a great client/member base
- 10 years in the business / loyal clients
- Space to grow

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Property Features and Assets:

Located in a small plaza. The interior 2,300 square feet space has been completely renovated and meticulously maintained. Equipped with a shake bar for pre & post work out energy. There is also an exterior space of 2,000 square feet.

Market Competition and Expansion:

After being in the business for over 10 years there is a solid group of loyal clients. There are untapped opportunities such as, increasing open hours, offering more group classes, additional marketing to capture even more clients and private training sessions.

Reason for Selling:

Seller is looking to slow down / focus on family.

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.

Documents:

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