Fully-Equipped Fitness Center

Not Disclosed, TX
Collin County

North Dallas

Asking Price: Annual Revenue:
$75,000 $115,000

Recreation: Gyms, Health & Fitness, Sports

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RE: Fully-Equipped Fitness Center Broker: Moon Kim

Quick Facts

Asking Price: $75,000
Annual Revenue: $115,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 2016
Employees: 2
BBN Listing #: 38219188
Broker Reference #: 000784

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Business Overview:

Well established high-tech fitness club placed in fast growing city of a prime location is available for acquisition. The business was founded from an existing client base and then opened in the current high-end facility of a great location in 2016 by current owners. This 3,130 SF of fully-equipped private club gym is located in a retail strip center in an area of heavy traffic and pedestrians. There is a nationally recognized gym chain right behind this location which gives this business a full exposure to potential customers who need specialized fitness program only offered by this high-tech private fitness club. 90% of clients are middle to upper-class Caucasian working women between the ages of 30 and 45 from the surrounding densely populated residential neighborhoods. Few competitors are within the immediate market area, but this high-end facility focuses on providing individual clients and groups with training guidance in a comprehensive approach in all areas of health including screening analysis, diet, and proper exercise that was newly added after inception. Motion Screening Lab which is a unique technology that optimizes effects of exercise and prevents from the injuries sustained from exercises by collecting information on the body that is only available in the whole town. Recently, they received FDA Clearence on the Motion Screening Lab equipment they are using, which means the bills for using the equipment can be covered under health insurance. The business offers various high quality programs and products such as health & motion screening, wholesale sports supplements, nutrition planning, pre-prepped meals, individual training, group training and etc. All of the fitness equipment is top-of-the-line within the industry and is in excellent condition, less than 3 years old. Some online marketing is proactively being done thru social media outlets like Facebook, Instagram, Google and Yelp ads etc. but the best marketing effort that produces actual revenue is still through word of mouth. This is a great opportunity to acquire a unique high-tech fitness club located in a fast growing area where a huge residential and commercial development are on its way.

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Property Features and Assets:

This business is located in a 3,130 Square Feet retail strip center that in an area of heavy traffic and walking pedestrians from nationwide gym chain right behind the location. All equipment is in excellent condition, less than 3 years old. All sales revenue and inventory are tracked through the high-end Point of Sale system. / Inventory: Not Disclosed.

Market Competition and Expansion:

Competition: The Business offers a comprehensive approach to improving health and fitness with top of the line mobility screening equipment and it identifies the improvement areas. Also, they provide the diet and exercise program to maximize results. Growth and Expansion: Marketing is being done to some extent at the current time, mainly thru online marketing such as social media outlets like Facebook and Instagram etc. Proactive marketing locally and offline like paper coupons and direct-mailing etc. will greatly boost the sales as well as reaching customers within untapped areas of the business.

Reason for Selling:

Partners need to go in different directions.

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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