Business Overview:
If you are looking for a truly turn-key, owner-absentee run operation in a very popular field with a great location in the Heart of Gilbert with all the staff and members in place then look no further. This listing offers a large gym locations in a very good location surrounded by corporate neighbors and traffic in busy shopping center with great long term leases in place. The gym boasts over 3000 members and over $720,000 in yearly gross income currently and keep growing every month. The gym is fairly newer built and the equipment worth around $780,000 and with the tanning beds and massage tables and other equipment another $120,000 for a total of $900,000 worth of FF&E. The equipment is all included and is in spectacular shape, and the gyms boasts very hard to find equipment especially in this market which go for more than the owner paid for them new because of the low supply and popularity of gym equipment. There is tons of room for growth by adding more personal training which the owner has already started and the standard growth should add around an additional $10,000 per month in NET profit. Hurry up, This gym should be gone very quickly as there is not many of them on the market. These deals don't come around very often.
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Property Features and Assets:
25000 sq.ft. Gym in the Heart of Gilbert in a busy shopping center
Market Competition and Expansion:
Tons of room for growth with a dedicated owner and adding more services and more online marketing.
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 a franchise resale opportunity.
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