Kentucky Fitness Facility

Confidential, KY

Asking Price: Annual Revenue:
$250,000 $516,839

Recreation: Gyms, Health & Fitness, Sports

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RE: Kentucky Fitness Facility Broker: Doug Bolton
Owner Financing is Available!

Quick Facts

Asking Price: $250,000
Annual Revenue: $516,839
Net Profit: Not Disclosed
Cash Flow: $181,436
Total Debt: Not Disclosed
FF&E: $400,000
Real Estate: Not Disclosed
Year Established: 2020
Employees: 8
BBN Listing #: 577355955
Broker Reference #: ERLANKY001-N412

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Business Overview:

Covid 19 forced this newly started club to close on Feb 17th, 2020, which drastically affected the membership base and the amount of new members signing up. Beginning in fall 2021, the club began to see a substantial increase in members returning and new-membership agreements. The membership base has doubled since December. This club is poised for outstanding growth and maturation. High Intensity Interval Training club, with 99 percent of income from class memberships and 1 percent from retail sales of water and merchandise. New lease and an outstanding location. Part of the main leased area is subleased to two different tenants and provides a substantial amount of income increasing the amount of possible profitability.

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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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