Two Fitness Gyms - Southeast South Dakota

Not Disclosed, SD

Asking Price: Annual Revenue:
$650,000 $1,049,679

Recreation: Gyms, Health & Fitness, Sports

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RE: Two Fitness Gyms - Southeast South Dakota Broker: Jacob Prins

Quick Facts

Asking Price: $650,000
Annual Revenue: $1,049,679
Net Profit: Not Disclosed
Cash Flow: $236,812
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: 2018
Employees: 31
BBN Listing #: 72224955
Broker Reference #: 5401-16853

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Business Overview:

Two highly successful turnkey High-Intensity Interval Training (HIIT) fitness gyms for sale. The fitness industry is on a tremendous upward trajectory and these two locations in particular are seeing exponential growth. These are franchise gyms. Ranked by Entrepreneur Magazine and Franchise Times as one of the top franchises. These gyms provide onsite intensive training, coaching, complimentary childcare and nutritional guidance. This is a tremendous opportunity for someone to take over an established business and start earning from day one. There are currently six hundred (600) recurring members paying monthly, annually or semi-annually membership dues. First location was established in 2018. Second location opened in 2021 and is already profitable. The business sells a retail line and branded nutritional supplements. Has an attractive long-term lease with two additional five year renewal periods for the two locations consisting of 5,738 SF and 5,700 SF. The franchisor provides extensive operational training and support. This is a great opportunity to be your own boss, in a great industry, helping people enjoy a healthy life style. Everything is in place for you to take over and be very successful.

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Property Features and Assets:

Two locations for sale. The original gym established in 2018 is 5,738 SF and is in a strip mall. The second location established in 2021 is 5,700 SF in a stand-alone building. Assets = $99,000.

Market Competition and Expansion:

Seller has purchased other territories that could be transferred to buyer for future development.

Reason for Selling:

Owner pursuing new business opportunity

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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