Business For Sale

Fitness/Wellness Studio

Not Disclosed, MI
Washtenaw County


Asking Price: Annual Revenue:
$120,000 $335,145

Recreation: Gyms, Health & Fitness, Sports


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RE: Fitness/Wellness Studio Broker: Armen Nazarian
Owner Financing is Available!
$120,000 with $40,000 down, 8% int., amortized over 60 months.

Quick Facts

Asking Price: $120,000
Annual Revenue: $335,145
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2004
Employees: 16
BBN Listing #: 366152001
Broker Reference #: 0091

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Business Overview:

This is a great opportunity to own a Fitness/Wellness Studio in a downtown suburban location. Established in 2004, this studio offers a stable membership base with well-maintained, state-of-art equipment. This industrial gym shows beautifully with open-rafter ceilings, exposed-faced brick walls, kitchen, showers and a full operational basement with Yoga and Weight rooms. Services include: Yoga, Group Training, Personal Training, Strength Training, Zumba, HIIT Classes and so much more. Current owner does minimal advertising…a new owner/operator with some creative advertising/marketing along with adding a Storefront Sign, Meditation Classes, Workshops and Afternoon Classes (mid-day), you have HUGE potential. Also, the kitchen has not been fully utilized…add protein shakes, power bars, tea & coffee to take full advantage on the retail side of business. The office area can easily be converted to a massage room and start offering massage services. The fitness industry has seen a strong, consistent growth and industry analysts expect this growth to continue. This is a turn key operation only needing a new owner/operator. A must see/must have business. Seller will entertain all reasonable offers! Contact Armen Nazarian or email us.

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Property Features and Assets:

This is a great opportunity to own a Fitness/Wellness Studio in a downtown suburban location. Established in 2004, this studio offers a stable membership base with well-maintained, state-of-art equipment. This industrial gym shows beautifully with open-rafter ceilings, exposed-faced brick walls, kitchen, showers and a full operational basement with Yoga and Weight rooms.

Reason for Selling:

Retire

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.

Relevant Links:

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