Fully Equipped, Member-Based Gym-Huge Potential

Not Disclosed, CA
Sacramento County

Asking Price: Annual Revenue:
$74,500 $93,169

Recreation: Gyms, Health & Fitness, Sports

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RE: Fully Equipped, Member-Based Gym-Huge Potential Broker: Terry Watts
License #: DRE#02191771
Owner Financing is Available!
$40,000 down/$34,500 over 36 months @ 8%.

Quick Facts

Asking Price: $74,500
Annual Revenue: $93,169
Net Profit: Not Disclosed
Cash Flow: $11,374
Total Debt: Not Disclosed
FF&E: $83,712
Real Estate: Not Disclosed
Year Established: 2017
Employees: Not Disclosed
BBN Listing #: 23374955
Broker Reference #: 7005-17523

Email or Print Listing

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Business Overview:

This is a member-based, fitness gym catering to strength/powerlifting athletes located in South Sacramento. This area has few commercial gym facilities, and no other gyms dedicated to serving this customer base. Memberships are increasing and new equipment was just added (2 cable machines, a cable row machine, and new treadmill). There is also a infrared sauna and cold plunge tub that has been installed, but not yet opened to the member base. In all, there is over $85,000 in equipment in the gym, plus a member list of 160 and growing, all of which transfers to the new owner.

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Property Features and Assets:

The gym is located in an industrial park. The facility is just under 7,000 square feet, and rent is approximately $5,500/month. The majority of the space is devoted to the gym floor. There are also 4 offices/storage areas, plus a restricted-access room which has the infrared sauna, cold plunge tub, and lounge area. Finally, there are separate restrooms for men/women. The business is well-branded, with full coverage vinyl advertising visible to the public.  $83,712

Market Competition and Expansion:

There is relatively low competition for fitness centers locally, and no competition for the specific niche that this business caters to.  "Over the five years to 2027, many baby boomers are expected to sign up for health club memberships as they grow more health-conscious due to their age. Furthermore, employers may subsidize gym memberships for their employees, while parents will likely continue to seek out fitness programs for their children as concerns regarding childhood obesity grow. Furthermore, increases in both per capita disposable income and consumer spending are expected to boost industry expansion. Additionally, increased participation in sports is expected to bolster demand for industry services, which will likely help drive revenue to grow. Therefore, industry revenue is expected to grow an annualized 1.9% to $35.3 billion over the five years to 2027." - Source: IBISWorld Executive Summary. There is huge potential for growth in this business for a passionate owner that is able to manage and market the business. The ideal buyer would also be a fitness enthusiast, ideally one that is familiar with the strength/powerlifting niche. 

Reason for Selling:

Owner Health Issues.

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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