Premier/Suburban Fitness Center for Sale

Rochester, NY
Monroe County

Suburban/South of Rochester


Asking Price: Annual Revenue:
$275,000 $220,000

Recreation: Gyms, Health & Fitness, Sports


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RE: Premier/Suburban Fitness Center for Sale Broker: Paul Schiliro
Owner Financing is Available!
Negotiable

Quick Facts

Asking Price: $275,000
Annual Revenue: $220,000
Net Profit: Not Disclosed
Cash Flow: $88,000
Total Debt: Not Disclosed
FF&E: $63,000
Real Estate: Not Disclosed
Year Established: 2009
Employees: 3
BBN Listing #: 369840071
Broker Reference #: 3675

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Business Overview:

This fitness club was opened over 10 years ago and has been operated by the same owner since. The business has been consistently profitable with plenty of capacity for additional members. Very nice facility with up-to-date suite of equipment. Up-to-date member locker rooms with showers are available to members. The facility is fully sprinklered, has a large parking lot, and, is located in a commercial/retail hub. Monthly and annual memberships are available. Membership declined during COVID but has rebounded back to pre-COVID levels. The closest competitor is 10 miles away.

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Property Features and Assets:

Business is located in a main retail/commercial corridor in a single-user facility. The building is approximately 5,700 Square Feet, in excellent condition and has abundant parking for about 80 cars. The business leases the entire facility, which is spotless. The gym is accessible 24 hours/day, 7 days/week via electronic key fab. The equipment is of the highest quality and in excellent condition.

Market Competition and Expansion:

No competition exists in the immediate vicinity. Closest competitor is approximately 10 miles from the Club. The size of the facility and abundant parking affords growth opportunity. Current owners do not have any marketing program other than a website. Instituting a formal market plan should provide for future growth.

Reason for Selling:

Retirement

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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