This thriving fitness gym, located in a prime area, presents a remarkable opportunity to own a turnkey business with a full staff, including a gym manager and head trainer. With a dedicated and loyal client base, this gym currently has over 250 memberships and generates additional income through merchandise sales, community events, and subletting space to a popular cafe that pays rent and serves nutritious meals and drinks, enhancing the overall member experience. The gym caters to all fitness levels and age groups, from 6 to 60. The owner works 10 hours a week, and the duties are mostly bookkeeping, signing up new members, and orientation. Don't miss this opportunity to own this unique fitness gym with a great reputation and location. Thank you!
- Asking Price:
- $199,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $253,244
- Cash Flow:
- $81,412
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Lease Expiration Date
August 3, 2027, 12:00:00 AM
Terms Options
5 year extention option with annual option to purchase the real estate.
- Leasehold Rent:
-
$2,120 per annum
- Location:
-
Type of Location:
Free-Standing
- Premises Details:
-
Facilities: Fitness training gym.
- Size in square feet:
- 1,600
Business Operation
- Expansion Potential:
-
Increase
advertising and offer additional classes. Incorporate kickboxing classes to increase membership base
- Competition / Market:
-
Competitive Overview: No competition within 25 miles.
- Reasons for selling:
-
Other Business
- Trading hours:
-
Monday-Saturday Class Times 30 classes per week
- Employees:
- 5
- Years established:
- 8
Other Information
- Support & training:
-
Will train for 2 weeks @ no cost.
- Furniture / Fixtures value:
- $40,000 - included in the asking price
- Inventory / Stock value:
- $950 - included in the asking price
