Business For Sale

Profitable hands-off 24/7 Gym with fitness studio.

Not Disclosed, NC
Iredell County

Asking Price: Annual Revenue:
$117,500 $139,503

Recreation: Gyms, Health & Fitness, Sports

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RE: Profitable hands-off 24/7 Gym with fitness studio. Broker: Jack Sluiter

Quick Facts

Asking Price: $117,500
Annual Revenue: $139,503
Net Profit: Not Disclosed
Cash Flow: $36,650
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 2010
Employees: Not Disclosed
BBN Listing #: 887943260
Broker Reference #: 9075-858098

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Business Overview:

Seller Financing Available for Qualified Buyers. That means only $35k down!
Low maintenance, low overhead, excellent rent, and awesome business. All recently renovated and re-equipped with top of the line equipment in a 6,000' plus gym and studio (plus tanning). This gym is 8 years old and sitting in the center of a rapidly developing area in the North Charlotte region. Owner spends about 30 hours a week in the business, doing a little group training and general oversight. Being that the gym operates 24/7 with keycard entry and security monitoring, there is hardly anything you need to do. Self-run. All top of the line equipment that's meticulously maintained. Eighteen Cardio Machines including treadmills, bikes, rowers, and Stairmasters. Equipment from Life Fitness, Hammer Strength, GP, Power Max, Sorinex, etc.. Group training equipment includes Sornix rack, tons of dumb bells, kettles, slam balls, ropes, etc. A trainer's dream!

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Market Competition and Expansion:

Owner has intentionally resisted hiring trainers as a personal preference. New owner could hire trainers for both personal and group training. Currently no website, and very little social media, or any other advertising being done. Simple marketing into the rapidly growing neighborhoods could quickly grow membership. Huge growth potential as area is being developed.

Reason for Selling:

Other business interests.

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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