Gym for Sale in Sarasota

Sarasota, FL
Sarasota County

Asking Price: Annual Revenue:
$85,000 $89,660

Recreation: Gyms, Health & Fitness, Sports

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RE: Gym for Sale in Sarasota Broker: Truforte Business Group
Owner Financing is Available!
Seller financing with only $42,500 down!

Quick Facts

Asking Price: $85,000
Annual Revenue: $89,660
Net Profit: Not Disclosed
Cash Flow: $50,660
Total Debt: Not Disclosed
FF&E: $42,000
Real Estate: Not Disclosed
Year Established: 28
Employees: 5
BBN Listing #: 715132837
Broker Reference #: 95151053

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Business Overview:

Outstanding opportunity to purchase this 28-year family-owned business. Well established and profitable fitness center. Gym is fully equipped with 30 major pieces of newer equipment. Clients are high net worth individuals who want to work out in a quiet environment without any distractions with a personal trainer. Business has been in operation for over 15 years without advertising and has loyal clientele. The business operates with 5 trainers & 2 massage therapists setting their own schedules & with their own clients. Location has 2 massage rooms and a stretching station and 3 private restrooms with 2 showers. The business was down in 2020 due to the COVID 19 virus disrupting the marketplace but has started to quickly rebound. The center has added 3 new trainers and additional massage therapist in the last quarter of 2020.

The business could be easily further expanded with advertising, extending the hours to include evenings and adding Pilates, Barre, Spin or Yoga. Numbers assume an owner would work about 25 hours as a personal trainer. A true turnkey operation ready for the new owner.

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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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