This gym is part of a global fitness franchise with broad brand awareness, state-of-the-art technology and a proprietary training system. It is truly a household name and is strategically located in an enviable area, with strong demographics and the size to accommodate significant membership growth. This is a rare opportunity for a new owner to take over a profitable location turnkey at less than half the cost of building from scratch.
It would cost approximately $450,000-$500,000 to build out a similar studio. In addition to being fully built out and operating profitably, this studio has a strong team of tenured trainers in place and a baseline of recurring revenues from which to grow. Its reputation for providing a top-notch workout experience, as well as a tribe-like feel, is reflected in its 150 5-star google reviews.
The attractiveness of this studio’s demographics cannot be overstated. It is the only studio of its kind serving the local area, and it’s surrounded by approximately 25 apartment complexes within a 2-mile radius. Both residents and visitors to the area provide a target-rich market for the signature training services provided by this franchise gym.
This business is currently run semi-absentee by the current owner, who is selling due to a pending relocation outside the U.S. Seller is keen to place the gym in a safe pair of hands with a continuing commitment to community, customer service and capitalizing on the strong foundation that has been created.
