Turnkey and Profitable Gym with Excellent Branding

Houston, TX
Houston County

Asking Price: Annual Revenue:
$360,000 $188,462

Recreation: Gyms, Health & Fitness, Sports

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RE: Turnkey and Profitable Gym with Excellent Branding Broker: Seller of Business
Owner Financing is Available!
Negotiable with a strong offer.

Quick Facts

Asking Price: $360,000
Annual Revenue: $188,462
Net Profit: Not Disclosed
Cash Flow: $40,831
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 2013
Employees: 9
BBN Listing #: 700849474
Broker Reference #: 17551

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Business Overview:

Incredible acquisition opportunity for a popular group fitness gym with a loyal customer base, amazing facility, and fully trained staff. This gym is more than a run of the mill gym, it is a community. They have been able to retain 85% of their reoccurring members and they are seeing an uptick in new memberships as the stay at home orders are lifted. The sellers started the process of selling before COVID-19, not because of it. They are currently operating at 25% capacity with all classes maxed out with waiting lists. The landlord has been supportive and attractive lease options will be available to the new owner. The immaculate facility is decked out with turf, mats, machines, equipment, and a great sound system to pump up the energy. The current owners have done a fantastic job branding the business and building a great reputation in the local community. Current ownership puts in approximately 10-20 hours a week running the business. The staff can perform all aspects of daily operations and the gym can be managed absentee. A new owner will enjoy the benefits of years of trial and error that have gone into perfecting this lucrative and proven model. The key benefit of a gym’s business model is the predictable reoccurring subscription revenue stream. This is a fantastic acquisition opportunity for a savvy entrepreneur looking for a profitable balance of work and lifestyle.

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Property Features and Assets:

Immaculate space with everything needed to operate.

Market Competition and Expansion:

This gym has carved out their market share and the excellent branding is a springboard for growth.

Reason for Selling:

Spend more time with 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.

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