Profitable Gym Franchise - 24+ Years in Business

Not Disclosed, CA
San Joaquin County

High Traffic Shopping Center


Asking Price: Annual Revenue:
$225,000 $487,000

Recreation: Gyms, Health & Fitness, Sports


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RE: Profitable Gym Franchise - 24+ Years in Business Broker: Michael Floorman
License #: 01160661

Quick Facts

Asking Price: $225,000
Annual Revenue: $487,000
Net Profit: $31,000
Cash Flow: $31,000
Total Debt: Not Disclosed
FF&E: $330,000
Real Estate: Not Disclosed
Year Established: 24
Employees: 8
BBN Listing #: 6851931
Broker Reference #: SJ10147

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Business Overview:

This well established gym franchise is located in a busy shopping center in San Joaquin County. This fitness center has been a staple in the community for over 24 years and has a very loyal, established membership base. This business has an excellent reputation and the loyal members rave about this gym online, giving excellent Yelp and Google reviews. The gym facility is over 16,000 sq ft and is equipped with the full range of fitness equipment, such as treadmills, stair climbers, weight machines, free weights, etc. This franchise gym offers many amenities including child care, cafe, tanning, group classes, private massages, and personal training. This gym location is raising the bar by giving its loyal members the very best: from modern equipment, to a clean and welcoming atmosphere with expert staff. From competitive bodybuilders to weekend warriors to first-timers, this gym has everything members need to achieve their fitness goals. This is a perfect opportunity for someone who loves fitness!

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Property Features and Assets:

This is located in a busy shopping center. There is approximately $330,000 in equipment value.

Market Competition and Expansion:

There are many dedicated members. This is a very clean and kept up gym. The staff is very knowledgeable and many have experience training. There is enough revenue, and management in place to run absentee. More marketing could be done to grow the top line revenue. New owner could also increase membership prices by $5-$10 per month. Rent is fixed for another 7 years.

Reason for Selling:

Retiring

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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