NOT DISCLOSED, Idaho
| Asking Price |
$3,500,000 |
Year Established |
1986 |
|
| Annual Revenue |
$1,184,649 |
Reason for Selling |
Owner ready to retire. |
|
| Annual P/L |
$0 |
Attention |
Larry Halvorson |
|
| Annual Cash Flow |
$551,555 |
Listing Number |
1009999 |
|
| # of Employees |
12 |
Business Category |
Recreation: Gyms, Health & Fitness, Sports |
|
Business Overview:
A very well-established full-service fitness, gym and wellness facility located in southern Idaho. This company has served the local community for more than 40 years and is the premier gym/fitness center in the area. It has developed a strong, recognizable brand within the regional health and fitness market. This is a Turnkey sale which includes all of the furniture, fixtures, equipment, signs and inventory in the facility. The sale also includes the building and property where the facility is located.
The company operates as an independently owned athletic club offering a comprehensive range of services, including fitness equipment, group classes, personal training, nutrition coaching, aquatic amenities and family-oriented services. This diversified service model supports recurring membership revenue while enhancing customer retention and engagement.
Property Features and Assets:
<p>This fitness/gym operates in a large stand-alone custom-built building in a strategic location. The sale includes the building, property and parking lot where the facility is located. It has very good visibility and ample free parking in a growing southern Idaho city with many outdoor recreational opportunities. It's comprehensive layout enables diversified programing, efficient space utilization and broad demographic appeal.<br></p><p>Assets = $3,012,409</p>
Market Competition and Expansion:
<p>This gym/fitness center differentiates itself through its longevity, comprehensive service offering, strong community presence... creating competitive advantages and meaningful barriers to entry within its market. They are by far the premier fitness center in their market. There are other gyms in the area, but they have much smaller facilities or services. This fitness center/gym is the competition!<br></p><p>This company is well positioned to benefit from continued population and economic growth in its city and broader region. The city has experienced steady long-term population expansion supported by a diverse employment base and increasing focus on health and wellness. These factors provide a favorable backdrop for membership growth, program expansion, and increased market penetration under continued or new ownership.<br></p>
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity