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.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
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.
Relevant Links: